Corporate Governance and Financing the Venture

Corporate Governance and Financing the Venture Corporate governance entails the way organizations are controlled and directed. For instance, in a continental corporate governance model, stakeholders are the customers, owners, creditors, and employees. The management committee monitors the company, and the manager controls the daily activities. In addition, the board of directors monitors a firm and enacts the strategic decisions. Managers oversee the implementation of the decisions made by the executive team. Without a good team of the board, an organization cannot succeed. That is because these individuals are responsible for making decisions that enable an organization to perform better. In that light, every corporation requires good corporate governance to succeed. Even social enterprises need effective leadership to implement and monitor the firm’s operations. I have obtained crucial lessons and understand that corporate governance involves the overall structures and processes that are used to manage and direct a company’s activities and operations. As such, it focuses on long-term strategic planning. Corporate leaders hold significant roles and responsibilities since they come up with proper strategies to ensure that an organization continues to be profitable. In addition, the administration works closely with the executive leaders and implements the decisions made by the board. For example, a manager ensures that employees do their work well so that they can meet the set goals and objectives. In reality, this topic was essential since it helped me to understand how different entities in a firm work to ensure that a company operates smoothly. That is why the chief executive officer or manager has been referred to as the change agent. The individual ensures that an organization meets its daily target. Financing the Venture Any organization needs funds to run its daily operations. Topic five reiterates the importance of investors and how they provide appropriate resources for a company. For instance, informal investors and angels are wealthy people who are willing to invest in firms that they believe would be profitable. Additionally, contacting investors is not straightforward. If an individual is referred, one has to be permitted to use the name of the referral when arranging a meeting. Once a meeting has been arranged, a proper presentation has to be made that includes key features. The most significant thing that investors look for is the financial p...