Leadership: Stewardship and Governance Case Study Analysis

This case study analysis examines stewardship and governance failures through two case studies: TEPCO and Southern Cross. The analysis of TEPCO focuses on how the board structure contributed to failures, discrepancies in corporate governance, and recommendations for the chairman. The Southern Cross case study evaluates the board's structure and membership, offering strategic suggestions for improvement. The report highlights issues such as ineffective communication, lack of transparency, poor risk management, and inadequate board member skills, providing actionable advice to enhance leadership and corporate governance practices. The document explores the importance of diversified skills, term limits, and proactive board member monitoring for effective leadership. Students can access this and other solutions on Desklib to enhance their understanding of leadership and governance.

Running head: STEWARDSHIP AND GOVERNANCE
Stewardship and Governance
Name of the Student:
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1STEWARDSHIP AND GOVERNANCE
Table of Contents
Case Study 1...............................................................................................................................2
Question 1..............................................................................................................................2
Question 2..............................................................................................................................2
Question 3..............................................................................................................................2
Case Study 2...............................................................................................................................3
Question 1..............................................................................................................................3
Question 2..............................................................................................................................4
References..................................................................................................................................5

2STEWARDSHIP AND GOVERNANCE
Case Study 1
Question 1
The board's structure at TEPCO web had been recorded to have no prior meetings
held, the meetings were held only once in a month, and this created a lack in the effective
communication process as well as transparency between the different significant stakeholders
of the company (Corporategovernanceoup.wordpress.com., 2019). In addition to this, the
company was not efficient in handling the situations prevailing at its stricken plant; thus, the
situation handling of the company was determined to be opaque in nature. The damages
caused were known to become more apparent as time passed and the risk associated with the
severity level in the organisation had been known to increase gradually and to rank the
alongside, the Chernobyl had been determined to be the uttermost severe nuclear accident in
the company. These all factors led to the contribution of the failure of the board structure.
Question 2
Based on the analyses of the case study, it was examined that the discrepancies that
occurred in the alleged concerns of the company had been accountable for the corporate
governance on its website as well as the failure of its catastrophic process, because of the
collapse of the company to handle the incidents that were exposed to the failure of its risk
management system. The concerned company had been recorded to have a history of
violating the safety and therefore leading to the discrepancies concerned to the corporate
governance. The failed safety tests and the fire caused because of the leakage of the
radioactive water due to the management failure of the company had profoundly affected
society.

3STEWARDSHIP AND GOVERNANCE
Question 3
Based on the examination of the case study, the report tends to state the following set
of advice to the chairman of TEPCO.
 Setting up of better plans and policies related to their corporate governance.
 Building up an effective and efficient research and development team in the concern
of studying the upcoming risks and safety issues in a significant manner to benefit the
society (Morrison et al., 2019).
 Fostering the synergy of the recognisable communication process that would help the
company to maintain transparency of communicating necessary information.
Case Study 2
Question 1
Based on the analysis done on the case study, it was undermined that the board
structure as well as the membership connected to the board structure of Southern Cross
Company, it can be stated that both of the structure, as well as the membership connected to
the board, were inefficient and ineffective (Southerncrosscare.com.au., 2019). This statement
can be proved by providing a piece of evidence that the board committee had only six
members as of 2011. Moreover, the age group of the board members had been determined to
be of the old age ones. The educational background of the board members was determined to
be unsuitable based on the designation they were provided in the committee. The board
members were even specified to be inefficient in managing the fundings as well as the
corporate responsibility of the company, which led to severe consequences of lack in the
financings in the year of mid-2011.

4STEWARDSHIP AND GOVERNANCE
Question 2
Based on the examination of the failure and lack in the board structure and
membership in the company of Southern Cross, the report tends to state the strategic
suggestions that would help the company to maintain a better and recognisable board
committee.
 Recruiting and selecting the members of the board based on their diversified skills
and talents and not based on their age group (Mooney, Semadeni & Kesner, 2017).
 The board members are considered to have a term limit. In this connection, the
concerned company should focus on maintaining a productive structure in the board
that would help the company to recruit new talented members whenever required
actively. The new members will help in bringing new expertise level of knowledge to
the board.
 Keeping a prior check on the activities of the board members so that the requirement
of the firm is met on a timely basis. Moreover, the same will ensure that the board
members have a strong desire for stewardship to other individuals.

5STEWARDSHIP AND GOVERNANCE
References
Corporategovernanceoup.wordpress.com. (2019). Tokyo Electric Power and the disaster at
Fukushima Daiichi. Retrieved 28 August 2019, from
https://corporategovernanceoup.wordpress.com/2011/04/20/tokyo-electric-power-and-
the-disaster-at-fukushima-daiichi/
Morrison, G. R., Ross, S. J., Morrison, J. R., & Kalman, H. K. (2019). Designing effective
instruction. Wiley.
Mooney, C. H., Semadeni, M., & Kesner, I. F. (2017). The selection of an interim CEO:
boundary conditions and the pursuit of temporary leadership. Journal of
Management, 43(2), 455-475.
Southerncrosscare.com.au. (2019). Case Study. Retrieved 28 August 2019, from
https://southerncrosscare.com.au/case-study