Leading and Managing Organisational Resources: Corporate Governance and Sustainable Leadership

Leading and managing
organisational
resources

INTRODUCTION
Leading and managing organisational resources refers to the relationship between
operations management, leadership , information system and finance. It is an integrated approach
used by the firms in order to achieve the competitive advantage and creation of value. It is
important for organisations to manage and control resources for addressing the issues related to
them (Al-Htaybat, and von Alberti-Alhtaybat, 2018). Tesco is a multinational leading retailer
company of UK and was established in 1919. It deals in varieties of products which includes
food items, beauty and personal care products. In this report, there will be brief discussion of
corporate governance email formatted. There will be discussion about challenges, opportunities
in integrated leadership, financial and operational management. Also apply theories and models
to improve performance through effective leadership.
MAIN BODY
Corporate Governance
To: [e-mail]
Subject: Corporate Governance
Dear XYZ,
I hope your doing well. According to me the corporate governance is important in organisation.
A structure that enables us to manage and lead organisations is referred to as corporate
governance. According to the IUFC, corporate governance refers to the interactions between the
management, board of directors, controlling shareholders, minority shareholders, and other
shareholders (Kovermann and Velte, 2019). The type of interaction between self-serving
managers and disengaged owners on the one hand, and their existence and importance on the
other, is still up for debate, despite the traditional concept of corporate governance
acknowledging their existence. The two main parts of corporate governance are:
 The long-term partnership between a company's management and owners, as well as the
rewards for managers, checks and balances, and open lines of communication between
investors and management.
 Transactional connections that involve questions of disclosure and authority
The need for checks and balances, which is supported by the aforementioned two factors, tends

to indicate that firm owners are wary of the actions of their managers. Furthermore, there is a
hostile relationship between management and investors (Adnan and et. al., 2018). Five factors
that make up corporate governance are important to take into account for both management and
investors. Corporate governance is significant because it establishes a set of guidelines and
procedures that control how an organisation functions and how it balances the interests of all of
its stakeholders. Financial viability is a result of ethical business activities, which are a result of
sound corporate governance. That might then draw investors. Having a board of directors that
meets regularly, maintains control over the company, and has well defined roles is a sign of good
corporate governance. A strong risk management system is also guaranteed. One of the pillars of
any successful company is good corporate governance.
The advantages of corporate governance
 Creating transparent rules and controls, directing leadership, and coordinating the
interests of shareholders, directors, management, and employees are all aspects of good
corporate governance.
 It fosters trust among stakeholders, the public, and public officials.
 Investors and stakeholders can gain a comprehensive understanding of a company's
direction and business ethics through corporate governance.
 It encourages opportunity, returns, and long-term financial viability.
 It might help with capital raising.
 Share prices might increase as a result of good corporate governance.
 Financial loss, waste, dangers, and corruption may all be reduced as a result.
 It is a strategy for perseverance and long-term achievement.
The Principles of Corporate Governance
Despite the fact that there is no limit to the number of principles that can exist, the following are
some of the more well-known ones (Greuning and Brajovic-Bratanovic, 2022).
Fairness- The board of directors is required to give shareholders, employees, suppliers, and
communities fair and equal treatment.
Transparency- Shareholders and other stakeholders should get timely, accurate, and
understandable information from the board regarding matters including financial performance,
conflicts of interest, and hazards.
Risk Management- Risks of every kind must be identified, along with the best methods of