CGF ARTICLES, OPINIONS & EDITORIALS
September 30,
2015 10909 10909 
Article by Terrance M. Booysen and reviewed by Dr. Robin Woolley (Director: Transcend Capital)
Since the introduction of the Black Economic Empowerment Act 53 of 2003 in South Africa, there has been a lot of debate regarding its relevance and impact on business and civil society.
August 28,
2015 12778 12778
Article by Terrance M. Booysen and peer reviewed by Kenneth Chikwanha (President: ISACA South African Chapter)
There’s a saying that goes along the lines that “the more things change, the more they stay the same”. Rather ironically, this axiom was first coined by a French journalist -- Alphonse Karr -- in 1839 and it is as true then as it is today.
August 25,
2015 10857 10857
Article by CGF Research Institute (Pty) Ltd
As more companies are becoming exposed to the manner in which their leadership determine their business strategy and engage business transactions, so more questions are also being raised about the company’s corporate governance practices. Unlike years gone by when companies were not bound as much by various legislation and similar mechanisms to report to the public on their company dealings, today there are far greater reporting requirements and greater numbers of interested parties wanting details concerning companies and their daily operations.
August 12,
2015 11223 11223
Article by CGF Research Institute (Pty) Ltd
In an independent South African Corporate Governance Climate Survey (‘the Survey’) conducted by De Facto in April 2015, CGF Research Institute (‘CGF’) was ranked by one-hundred and forty business leaders as the leading organisation in the provision of corporate governance training. Sixty nine percent (69%) of the respondents recognised CGF as experts in corporate governance training in South Africa, no doubt as a result of CGF’s well-known delivery of high value and affordable training.
July 27,
2015 11583 11583
Presentation by Terrance M. Booysen (Breakfast Seminar)
My topic, Unpacking the critical importance of a Corporate Governance Framework® (and the mutually fulfilling roles of ISO standards) may come as a revelation for many of you this morning. But before I delve into the matter of a Corporate Governance Framework®, I wish to state that many organisation’s GRC practices have remained not only static through the years, but also largely fragmented.
July 27,
2015 11837 11837
Article by Terrance M. Booysen (CGF: Chief Executive Officer) and peer reviewed by Louis Strydom (Partner: PricewaterhouseCoopers)
For the past number of years South Africa has been placed in the spotlight when it comes to matters such as crime and corruption, and most of the surveys dealing with this scourge have a consistent message that this situation is not improving. Once again, the PricewaterhouseCoopers 2014 Global Economic Crime Survey validates this dire situation where 69% of South African respondents indicated that they had experienced economic crime of various proportions. Alarmingly, this figure of affected organisations had increased nine percentage points higher than in the previous survey results which were recorded in 2011. Whilst the PwC Economic Crime Survey also noted a shift in the typical perpetrator (now being found in the senior management structures), most concerning is the fact that these perpetrators are typically males with university degrees who are aged between 31 and 40 and who have been with the same employer for over ten years.
July 15,
2015 80858 80858
Article by Jenè Palmer (CGF Lead Independent Consultant)
It has been painful to watch the likes of Lance Armstrong, Mike Tyson and Hansie Cronje sabotage their futures through poor decision-making. Similarly, many organisations and their boards have failed to demonstrate strong and responsible leadership qualities to motivate and drive their organisations to success. Awareness, decisiveness and accountability are some of the business leadership qualities required to achieve remarkable performances.
June 26,
2015 11199 11199
Article by Terrance M. Booysen and reviewed by Bruno Bruniquel (Bruniquel & Associates: Chairman)
As sad as it may be, the incidents of a particular colleague walking past your table and greeting you, or even asking about your weekend activities may not be as ‘innocent’ as you may first have thought.
May 27,
2015 12688 12688
Article by Terrance M. Booysen and peer reviewed by Sharon van Rooyen (Partner: EY)
It’s a fact. No matter which global or regional surveys a person may refer to, the latest 2014/15 surveys on economic crime all show that crime of this nature is on the increase. Economic crime -- particularly
fraud and corruption -- are causing organisations in both the public and private sector substantial financial losses, and increasing pressure on business to grow their revenues together with market volatility could be just some of the reasons why these crime statistics are increasing.
May 18,
2015 12131 12131
Presentation by Terrance M. Booysen
...it is imperative that we make a distinction between words such as “accountability”, “responsibility”, “must” and “should” – and specifically so in the context of its use within a boardroom and its organisation.
