Corporate Management, Governance, and Ethics Best Practices / Edition 1

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Corporate Management, Governance, and Ethics Best Practices

Best practices are the processes, practices, and systems identified in public and private organizations that performed exceptionally well and are widely recognized as improving an organization's performance and efficiency in specific areas. Successfully identifying and applying best practices can improve business processes and increase organizational effectiveness. Based on author S. Rao Vallabhaneni's decades of management experience, Corporate Management, Governance, and Ethics Best Practices provides a one-stop, comprehensive reference guide to the best-of-the-best practices for corporate business practitioners and government employees worldwide.

Because every company's resources and budget is different, Corporate Management, Governance, and Ethics Best Practices takes a "big picture" approach, allowing managers and executives to tailor each practice based on organization-specific resource availability as well as management strategies and priorities. Each self-contained chapter begins with an over-view of the topic, a presentation of man- agement's roles and responsibilities, a dis-cussion of core topics, and ends with applicable laws, rules, regulations, standards, and principles.

When implemented properly, these best practices help organizations:

  • Increase product sales and service revenues
  • Achieve cost, production, and service efficiencies
  • Increase effective utilization of financial and nonfinancial resources
  • Improve organizational, operational, technical, and financial performance
  • Increase the quality of products and services in the marketplace
  • Increase market share, profits, and returns
  • Adhere to ethical principles and values and comply with all applicable laws, regulations, and standards
  • Enjoy a competitive edge in the industry
  • Enhance the firm's posture of social responsibility

Within this trove of proven winning strategies, best-in-class employees working for world-class organizations will find a wellspring of information to help them think differently, act radically, discover their own best-of-breed solutions, and implement best practices to prosper and grow their organizations' business continuously and successfully.

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Product Details

  • ISBN-13: 9780470117231
  • Publisher: Wiley
  • Publication date: 2/8/2008
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 430
  • Product dimensions: 7.00 (w) x 10.00 (h) x 1.00 (d)

Meet the Author

S. Rao Vallabhaneniis an educator, author, publisher, consultant, and practitioner in the business field, with more than thirty years of management and teaching experience in manufacturing, finance, accounting, auditing, and information technology. He has authored more than fifty books on business.

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Table of Contents


Chapter 1. Introduction.

1.1 Best Practices.

1.2 Benchmarking.

1.3 Performance Indicators and Measures.

1.4 Best Practices Management Capability Model.

Chapter 2. Corporate Governance Best Practices.

2.1 Overview.

2.2 Roles and Responsibilities of the Board of Directors

2.3 Roles and Responsibilities of the Chief Executive Officer and Other Senior Executives.

2.4 Roles and Responsibilities of the Chief Governance Officer.

2.5 Roles and Responsibilities of External and Internal Auditors.

2.6 Roles and Responsibilities of the Audit Committee and Other Committees.

2.7 Roles and Responsibilities of the Chief Legal Officer.

2.8 Roles and Responsibilities of Gatekeepers.

2.9 Corporate Control Framework.

2.10 Fraud and Fraudulent Financial Reporting.

2.11 Corporate Risk Management.

2.12 Applicable Laws, Regulations, Standards, and Principles.

Chapter 3. Corporate Ethics Best Practices.

3.1 Overview.

3.2 Roles and Responsibilities of the Chief Ethics Officer.

3.3 Ethical and Legal Principles.

3.4 Implementing an Ethics Strategy and Training Program.

3.5 Handling Shareholders, Investors, and Creditors.

3.6 Handling Stock Markets and Investment Analysts.

3.7 Handling Employees and Labor Unions.

3.8 Handling Regulators and Government Authorities.

3.9 Handling Suppliers, Vendors, Contractors, and Customers.

3.10 Handling Purchasing Agents, Buyers, or Commodity/Service Experts, and Marketing and Salespeople.

3.11 Handling Related Parties and Third Parties.

3.12 Handling Business Mergers and Acquisitions.

3.13 Addressing Corporate Social Responsibility and Accountability.

3.14 Applicable Laws, Regulations, Standards, and Principles.

Chapter 4. General Management Best Practices.

4.1 Overview.

4.2 Roles and Responsibilities of General Managers and Senior Managers.

4.3 Strategic Management.

4.4 Keys to Managing People.

4.5 Organizational Culture.

4.6 Business Change Management.

4.7 Business Contract Management.

4.8 Applicable Laws, Regulations, Standards, and Principles.

Chapter 5. Manufacturing and Service Management Best Practices.

5.1 Overview.

5.2 Roles and Responsibilities of Chief Operations Officer.

5.3 World-Class Manufacturing Management.

5.4 Product Design and Development.

5.5 Inventory and Logistics Management.

5.6 Supply Chain Management.

5.7 World-Class Service Management.

5.8 Service Design and Development.

5.9 Services Acquisition Management.

5.10 Applicable Laws, Regulations, Standards, and Principles.

Chapter 6. Marketing and Sales Management Best Practices.

6.1 Overview.

6.2 Roles and Responsibilities of Chief Marketing Officer.

6.3 World-Class Marketing and Sales Management.

6.4 Product Marketing Best Practices.

6.5 Service Marketing Best Practices.

6.6 Sales Management Best Practices.

6.7 Applicable Laws, Regulations, Standards, and Principles.

Chapter 7. Quality Management Best Practices.

7.1 Overview.

7.2 What is Total Quality Management?

7.3 Benefits of TQM Practices.

7.4 TQM Efforts to Improve Corporate Performance.

7.5 Important Features of TQM.

7.6 Role of Human Resource Management in Quality.

7.7 Product Quality Best Practices.

7.8 Service Quality Best Practices.

7.9 Quality Improvement, Problem-Solving, and Decision-Making Tools.

7.10 Applicable Laws, Regulations, Standards, and Principles.

Chapter 8. Process Management Best Practices.

8.1 Overview.

8.2 Business Processes.

8.3 Business Process Reengineering.

8.4 Business Process Improvement.

8.5 Business Process Management Tools.

8.6 Applicable Standards and Principles.

Chapter 9. Human Resources Management Best Practices.

9.1 Overview.

9.2 Roles and Responsibilities of Chief Human Resources Officer.

9.3 World-Class Human Resources Management.

9.4 Conducting a Self-Assessment of Human Capital Program.

9.5 Major Principles and Best Practices of Human Capital

9.6 Applicable Laws, Regulations, Standards, and Principles

Chapter 10. Accounting, Treasury, and Finance Management Best Practices.

10.1 Overview.

10.2 Roles and Responsibilities of Controller, Treasurer, and Chief Financial Officer.

10.3 World-Class Finance Management.

10.4 Capital Budget.

10.5 Outsourcing Finance Operations.

10.6 Standards for Internal Control.

10.7 Applicable Laws, Regulations, Standards, and Principles.

Chapter 11. Information Technology Management Best Practices.

11.1 Overview.

11.2 Roles and Responsibilities of Chief Information Officer.

11.3 World-Class IT Management.

11.4 IT Governance.

11.5 IT Change Management.

11.6 IT Utility Service and Value.

11.7 IT Performance Management.

11.8 IT Contract Management.

11.9 IT Investment Management.

11.10 System Development and Acquisition Methodology.

11.11 Information Security Management.

11.12 Computer Security Incidents.

11.13 Interconnecting Systems.

11.14 Computer Operations Management.

11.15 IT Contingency Planning.

11.16 Applicable Laws, Regulations, Standards, and Principles.

Chapter 12. International Business Management Best Practices.

12.1 Overview.

12.2 Roles and Responsibilities of Chief Globalization Officer.

12.3 International Trade Management.

12.4 Intellectual Property Management.

12.5 International Licensing and Franchising Management.

12.6 International Risk Management.

12.7 Managing Offshore Business Activities.

12.8 Applicable Laws, Regulations, Standards, and Principles.

Chapter 13. Project Management Best Practices.

13.1 Overview.

13.2 Project Integration Management.

13.3 Project Scope Management.

13.4 Project Time Management.

13.5 Project Cost Management.

13.6 Project Quality Management.

13.7 Project Human Resource Management.

13.8 Project Communications Management.

13.9 Project Risk Management.

13.10 Project Procurement Management.

13.11 Applicable Laws, Regulations, Standards, and Principles.


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