The Practice of Management

This report discusses the practice of corporate governance and management in Hargreaves Lansdown plc. It evaluates the PLC's financial and market performance, stakeholder engagement, and corporate governance issues. The report also analyzes the profiles of the CEO and the Board of Directors.

The Practice of
Management

Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Critically evaluate the PLC’s:......................................................................................................3
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Corporate governance is termed of the manner of rules, procedures and the laws by which
business will get functioned and controlled or organised. The term will includes the internal and
external factors that will directly affect the welfare of the enterprise’s stakeholders to get include
the shareholders, customers, suppliers, government to control and manage the various sections as
effectively. The board of directors is also responsible for producing the framework for the
corporate governance that will set their best goals and targets of the business to conduct the
terms of the objectives (Horne, Gilliland, and Madill, 2020). The management consider in this
report is Hargreaves Lansdown plc. Hargreaves Lansdown plc is the British financial
service company that are established in Bristol, England. It trades with the funds and the shares
that are related with the variety of products and services to retail the section of investors in the
United Kingdom. The company is registered on the London Stock Exchange and is an integral
unit of the FTSE 100 Index. The Hargreaves Lansdown plc have their platform that will enable
their investors to grab variety of investments as together at one place with one point of valuation
that deals with their facilities and service as effectively. The company deals with various sort of
the products that are termed as the available products that involves the ISA, SIPP and the fund
and share that deals the manner of the account. The company also works in between to the
various multi manager unit that have their own set of term of share in various number of
fundamental funds. They have their own internally managed equity shares and funds as under to
the Hargreaves Lansdown plc.
TASK
Critically evaluate the PLC’s:
Financial and market performance
As there are several sort of the advantages and benefits by putting the consumers and
clients of the company. By combining with the manner of the investment in the scalability,
diversity and flexibility of Hargreaves Lansdown plc business model that have been validated by
the record of the188,000 net new consumers and clients (Abboud, and et.al., 2021). They will
bring the overall and active manner of the consumers and clients to over 1.4 million and £7.7
billion of net new business as per to the company’s record.

In line with their role as under to the UK Stewardship Code, the investors should engage
constructively and discuss with the company any departures from the recommended practice in
the management. In their consideration of the term of an explanations, investors and their
advisors that should pay due to the manner of the regard to the company’s individual issues. As
they have every right to perform their task and explain them if they are weak, these must not be
assessed in a mechanical manner. Investors and their advisors should also give companies
sufficient time to reply to analyses about corporate governance.
The company will provide the manner of the multiple channel marketing sections to follows the
orientation with new and present set of the consumers and clients. It has been ensure that they
have high section of the quality of information to authorise them to protect and capitalise with
confidence as effectively (Wiriyachai, and Tanpowpong, 2020). It has been seek to understand
the manner of the consumer and client’s better that relates to the various sort of the
communications channels that will need and improve the manner of relationship.
As the profits and the fund of the company will be treated as the scheme and the corporate
sections. It will termed as the key role to the plan of action that is reinvestment back into an
individuals, technology and marketing to ensure that they are always enhancing and involving
the facilities and continuing the set of the competitive benefits. It has been deliver the manner for
maintaining the set of industry that will lead to the various functions and operations for margin
of over 50%. By collecting and recollecting the manner of the assets and clients that will drive
out the revenue as effectively. It will be managed on the term of scalable platform to deliver
enhanced working of the profits.
Externally managed investment companies that generally have the several manner with
different board and suitable set of the company structure that might affect the relevance of the
particular set of the Principles in the basic orientated manner that use the Association of
Investment Companies’ Corporate Governance Code to meet their responsibilities under the
Code. In addition, the Association of Financial Mutual produces an annotated version of the
Code for mutual insurers to use.

Staff, shareholders, customers, and other key stakeholders (either internal or external)
The company has been hired a record 188,000 net new employees and clients as during to
the year by maintaining the total set of the dynamic employees as over to the 1.4 million and
supported £7.7 billion of the net new record of the business with an another term of the record.
The importance of the flexibility and variation that have the proper manner for demonstrating in
the growth with the volume of the employees that are sectioned with the share that will deals up
as with 96% and the manner of the revenue from shares that deals up 94% and active savings that
are now utilised by 65,000 employees and clients with £2.2 billion of AUA (Wang, Tan, and
Wahid, 2020). By the suitable section and condition of the market instability as early in the
2020. The company have maintained its set of the position with the term of the market leader
with the manner of the share of the direct to consumers or visitors platform of market at 41.1%.
It can be seen as an important increase in the manner of the share of the implementation by
maintaining the section of the market rising to 39.5% as effectively.
Client proposition and engagement is an important and essential term to provide the maximise
range of the facilities to enhance the term of the solutions to satisfy the needs of the employees
as efficiently. As there is another term that relates to the financial growth and development of the
services and facilities that will deliver the manner of the sustainable returns for shareholders as
with the reinvestment for the future development as effectively. They have the basic set of the
term that can be phrase with the market demands that will lead to the scheme and facilities to get

fulfil the long term requirements of the employees and client as effectively (Rustagi, 2021). The
respective company will also track the role of the key performance indicators (KPIs) to get
reflect our deliberate, operative and economic performance as effectively and efficiently in the
business of management. It can be drive the internal and external management of the business
and executive payment with the benefits and welfare in the business.
Corporate Governance issues, including an analysis of the profiles of the CEO, and the
Board of Directors.
The remuneration committee that should have deputized responsibility for decisive the policy for
executive director payment and setting remuneration for the chair, executive directors and senior
management. It should review workforce13 remuneration and related policies and the alignment
of incentives and rewards with culture, taking these into account when setting the policy for
executive director remuneration.
 Getting the Board Right – The manner of the board of directors and the role is term to be
important for the basic orientation that is good for the corporate governance. It will
relates to the law that will need the sections that have executive and non-executive
directors and appointment of with at least one woman director for little variation. As
there is no uncertainty that it is capable, diverse and active sheet that would to have the
large extent for enhance the governance values of the company.
 Performance Evaluation of Directors – It is elaborated the manner of the various sort of
the sections that are available in the term of the performance evaluation by setting down
the orientation to determine the key target with different standards and techniques of
assessment (Kurniawati, and Dianawati, 2020). For performance evaluation to attain the

manner of the anticipated results on the basis of the governance roles that are to be get
follow the results of evaluation that will made in public.
 True Independence of Directors – It follow the key term of the regulator on the part of the
basic set of orientation that has the period of time to make the term of values as tighter. It
has been introduced to the comprehensive definition of an independent directors that are
to be termed to the manner of the role as effectively.
 Removal of Independent Directors – To protect an independent set of the directors from
various set of the plan of action that will be greater in action for more imperative to
provide for the section. In context to the plc company, the additional checks in the
procedure of their removal with the following set of the criteria with the general term that
will require the orientation of the approval of majority of public shareholders as
effectively and efficiently in the business management.
CONCLUSION
From the above mentioned report it has been concluded that, corporate governance is termed
as the most important manner of the business of management that deals with the various sort of
the section that are implement to checks and balance the manner of the system that will decrease
the issues and problems in the business of management as effectively and efficiently. The
manner of the issues and problems in the company or business of management that are generally
rise by involving the basic orientation of the two sector of the parties that have opposing
opinions on the manner of the business that should be conducted. With the manner of the board
of directors that is generally a mix term of internally and externally sections of the members in
the corporate governance that are non-biased in the positive manner to phrase the basic manner
of the approach that will relates to the issues and problems in the business of management as
effectively and efficiently in the company.

REFERENCES
Books and Journals
Horne, J., Gilliland, J. and Madill, J., 2020. Assessing the effectiveness of actionable
nutrigenomics and lifestyle genomics interventions for weight management in clinical
practice: A critical, scoping review with directions for future research. Nutrition and
Health. 26(3). pp.167-173.
Abboud, H., and et.al., 2021. Autoimmune encephalitis: proposed best practice recommendations
for diagnosis and acute management. Journal of Neurology, Neurosurgery &
Psychiatry.
Wiriyachai, T. and Tanpowpong, P., 2020. Pediatricians’ perceptions and practice of the
management of constipation in Thailand. Pediatrics International, 62(8), pp.944-949.
Wang, M.W.C., Tan, C.L. and Wahid, N.A., 2020. SUPPLIER MANAGEMENT PRACTICE
AND SERVICE QUALITY: CRITICAL REVIEW ON MEDIATING ROLE OF
OUTSOURCING SERVICE PROVIDER CAPABILITIES. International Journal of
Industrial Management, 7, pp.9-15.
Rustagi, R.P., 2021. Investment Management Theory and Practice. Sultan Chand & Sons.
Kurniawati, N. and Dianawati, W., 2020. The effect of environmental management practice on
firm performance: An Indonesian study. International Journal of Innovation, Creativity
and Changes. 13(4). pp.557-573.