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Governing Institutions in Transition
Kinuthia Wamwangi, EBS, FCS
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Governing Institutions in Transition in a
C A Volatile Uncertain Complex Ambiguous World
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A VUCA world puts you here
Change is Constant A VUCA world puts you here STORMING NORMING PERFORMING
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Making Information Manageable
Governance Dashboard
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Structures must be fit for purpose
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Oversight Role of the Board
Responsibilities Rights Risks – must be contained
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BOARD MANAGEMENT Responsibility for Delivery and Reporting
Rights to Resources MANAGEMENT
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Without Oversight Information
Board is Unaware Board is at Risk
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Contain Responsibility & Risk with Clear Reporting
Corporate Governance Dashboard Not simply fiscal reporting Reports on the interests of the board Real time information Enables board to do its job
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Governance of Transition is Different
Reporting Framework and Indicators Change in a VUCA world Dynamic information needs To meet changing needs of the board
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Risk Governance for Resilience
MIDIR Methodology Risk Governance for Resilience
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Recommendations The board needs a dashboard to be informed
Not just financial Monitor transition Measure values
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Measure and Monitor the Governance System
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Data Science in Governance of Complex Systems
Complex Governance Use Data Science algorithms for discovering critical information for the board. Data Science in Governance of Complex Systems
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Governing Institutions in Transition
Kinuthia Wamwangi, EBS, FCS Thank you!
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