Reference no: EM133158491 , Length: word count:2000
CGRM4000 Corporate Governance, Sustainability and Ethics
Your Task
You are required to write a report to a corporate board summarising your views on corporate governance, sustainability and risk management practices.
Assessment Description
From Monday of Week 9 at 9 am, you will have access to a case study on MyKBS under the assessments tab. This document will have all the necessary case facts and the specific questions which you are required to answer for this assessment.
Learning objective 1: Analyse the role of the board in the assessment of strategy and risk and the way in which this expertise can be better utilised.
Learning objective 2: Analyse the sustainability initiatives practised within organisations and determine their effectiveness in meeting corporate and ethical objectives.
Assessment - Case Study
You have been engaged by Focus Logistics Pty Ltd (Focus) as an independent consultant. They are seeking your advice on several corporate governance, sustainability and risk management issues. You have just returned from a board meeting with Jennifer White (company's founder and the current Chair), Alice Rose-Gardner (CEO), Jacob Gardner (COO) and David Rose (CFO). You have gathered the following information about this company:
History
Mrs White established Focus Logistics in 1965 in Horsham, Victoria, providing state-wide logistics services to local businesses. The community supported Focus because of Mrs White's slogan "Go Local". The company grew steadily for the next 30 years and expanded its operations into VIC, NSW, and TAS.
REQUIREMENTS
You are required to write a report to Focus's board summarising your views on corporate governance, sustainability and risk management practices.
In your report, you must address the following three areas:
1. Identify and discuss four good corporate governance practices that you consider to be relevant to this company. Describe how these would be beneficial for a large private company such as Focus Logistics as it transitions into an ASX listed entity. (1,000 to 1,100 words)
2. Summarise the significance, benefits and challenges of producing a sustainability report for Focus Logistics, especially for a business within the logistics industry. Identify the key elements that should be included in such a report in this industry.(600 - 660 words)
3. Summarise the key risks for Focus logistics and explain what benefits there would be in minimising risk. Provide clear and succinct advice on what actions the company should take to minimise risk.
(400 - 440 words)
Within the answers to the above three questions, you should refer to:
1. The views of the four people you have recently met (Mrs White, Mrs Rose- Gardener, David and Jacob).
2. Recent news releases relating to best practice corporate governance, sustainability and risk management practices.
Attachment:- Sustainability and Ethics.rar
Main hr challenges of international business
: What is the main HR challenges of international business for your company and what function of Human resource would you consider to be the most important for an
|
Determine performance outcomes
: Define performance and discuss how declarative knowledge, procedural knowledge, motivation and the environment can determine performance outcomes.
|
Prepare journal entries to update depreciation
: The machinery is sold on September 1, 2021, for $5,616. Prepare journal entries to (a) update depreciation for 2021 and (b) record the sale
|
Professional career development-management
: Dana lives in a small town in a remote section of his state and has spotty Internet access at home. He is unsure whether or not employers are receiving his empl
|
Write a report to a corporate board summarising
: Write a report to a corporate board summarising your views on corporate governance, sustainability and risk management practices
|
Types of organisational risks
: Describe at least two types of organisational risks, other than risks related to IP rights and responsibilities, that can arise during strategic planning.
|
How was holacracy going at iqmetrix
: How was Holacracy going at iQmetrix? Provide recommendations regarding future strategies for the organization, based on survey feedback.
|
Are you committing an unfair labor practice
: You own a non-unionized company, and the works let you know that they want a pay raise. You refuse to discuss this issue with them because you feel that you are
|
Discuss the three costing methods of job order costing
: Discuss the three costing methods of job order costing, process costing, and activity-based costing. Define each method and explain when it is best suited
|