BM628 Report: Corporate Governance Issues at Dell Technologies

This report examines the corporate governance practices of Dell Technologies, a multinational technology company. It identifies conflicts of interest as a key issue and investigates the impact of the COVID-19 pandemic on the company's governance. The report aims to determine the role of corporate governance in ethics and transparency and how to overcome the issue of conflict of interest within the company. The research includes an overview of corporate governance concepts and their impact on company success. It also explores the problems faced by Dell Technologies in corporate governance management and strategy formulation during the pandemic, such as stakeholder management and ensuring employee health and safety. The report proposes an action plan for Dell Technologies to implement corporate governance strategies to bring transparency and overcome conflicts of interest, including clarifying board roles, appointing an independent audit committee, and offering employee training programs. The literature review supports the importance of corporate governance in organizational success and highlights the challenges faced during the pandemic.

BM628 – Assessment
(Summative)
1

INTRODUCTION...........................................................................................................................3
Background of the organisation..............................................................................................3
Review of problem/issue........................................................................................................3
Aim and Objectives................................................................................................................4
Rationale for selection of topic...............................................................................................4
Research questions...............................................................................................................4
Literature Review.............................................................................................................................5
REFERENCES................................................................................................................................7
2

INTRODUCTION
Corporate governance act as an essential element that set and lead an organisation towards
conducting their business operations in a transparent and systematic manner while assuring
accountability (Jayasuriya Daluwathumullagamage and Sims, 2020). With the help of effective
corporate governance practices of organisation can satisfy needs and expectations of
stakeholders while assuring higher growth and development.
Background of the organisation
Dell Technologies is performing its business operations as a multinational technology
company in US. Organisation was founded in the year 2016 by Michael Dell and offer it services
was wide with having more than 1, 65,000 employees.
Review of problem/issue
Present report has been conducted on Dell Technologies which is leading multinational
organisations offering its business services for worldwide. Organisation is facing issue in terms
of conflicts of interest being a large organisation. It is essential for company to manage number
of stakeholders groups belongs from different background and culture. Thus, it is essential for
company to overcome the problem of conflicts of interest in order to practice corporate
governance practices in effective manner.
3

Aim and Objectives
Aim
“To determine the role of corporate governance in ethics and transparency and overcome
the issue of conflict of interest within a company during Covid-19”. A study on Dell
Technologies.
Research Objectives
 To evaluate the knowledge of corporate governance concepts in success of company.
 To determine various problems that has been faced by Dell Technologies in corporate
governance management and strategy formulation process during pandemic COVID-19.
 To identify an action plan that Dell Technologies can implement as corporate governance
strategies in order to bring transparency and overcome issues of conflicts of interest to
overcome the negative impact of Covid-19.
Rationale for selection of topic
Present recent research topic is rational and significance as it is mainly related with the primary
issues that organisation face in corporate governance and are required to be overcome by
organisation in order to properly manage their business operations. Present topic fulfils dual
perspective which is personal and professional. With the help of this candidate can develop their
knowledge related to the present selected topic that further helps them to build their personality.
While in professional context this research analysis allow organisations to undertake significant
action plan through which they can overcome the issue of conflicts of interest in context with
corporate governance and can perform their operations in effective manner.
Research questions
 What is the knowledge of corporate governance concepts in success of company?
 What are the various problems that have been faced by Dell Technologies in corporate
governance management and strategy formulation process during pandemic COVID-19?
4

 What is the action plan that Dell Technologies can implement as corporate governance
strategies in order to bring transparency and overcome issues of conflicts of interest to
overcome the negative impact of Covid-19?
Literature Review
Knowledge of corporate governance concepts in success of company
As per the view point of Fedirko, (2020) corporate governance is defined as practice in which
managers as well as directors of an organisation controls and undertake decisions especially that
plays significant important impact upon stakeholders. Corporate governance is having significant
contribution in success and development of company. It has been identified that corporate
governance is basically a combination of laws, rules and processes through which business
organisation operate, regulate and control its functioning. With the help of positive corporate
governance practices organisation can have a positive impact upon stakeholders of organisation
including management, customers, government regulators and suppliers. Corporate governance
effectively enable an organisation to accomplish their goals while controlling risk and assuring
compliances (Corporate Governance: Purpose, Examples, Structures And Benefits. 2020).
Furthermore, it has been underlined that good corporate governance practices facilitate
organisation to develop strong relationship between management and the board of directors and
stakeholders. Corporate governance play successful role for organisation that further facilitate
accountability and security and allow organisation to ensure long-term sustainable growth.
Various problems that have been faced by Dell Technologies in corporate governance
management and strategy formulation process during pandemic COVID-19
According to the viewpoint of Zhou, (2020) Dell Technologies faced number of problems
in terms with corporate governance management and strategy formulation process in the time
period of Covid-19. These problems not only impact upon company formation of corporate
governance strategy but also affected day-to-day operations of organisation. It has been
evaluated that Covid-19 developed a new environment that enhance pressure upon company
from different stakeholders. It significantly enhances society engagement and corporate
citizenship expectations which is essential for board of directors of organisation to fulfil in order
to satisfy stakeholders groups. Furthermore, it has been underlined that company also faced
5

problems which are associated to providing proper healthcare services and assuring health and
safety of employees. It has been identified that corporate governance in certain set of competent
and diverse board of directors that some time lead towards creation of conflict issues of interest.
It is the major problem that has been faced by Dell Technologies, for which directors is
required to effectively fulfil financial interest of every stakeholders while overcoming the issue
of conflict of interest in an effective manner in order to develop trust among investors and other
shareholders.
Action plan that Dell Technologies can implement as corporate governance strategies in order to
bring transparency and overcome issues of conflicts of interest to overcome the negative impact
of Covid-19
As per view point of Lenis Escobar, (2020) an evaluation can be undertaken out of the
action plan that involve different type of suitable strategies which is require for organisation to
effectively implement in order to achieve better management of corporate governance strategy.
With the help of this organisation can effectively able to overcome the problems that has been
faced by them during the process of corporate governance strategy formulation process in the
time period of Covid-19. Strategies like providing proper clarification to individual related to
role of board in corporate governance play most important role through which organisation can
overcome the problems related to conflicts of interest (Sharma and et. al., 2020). Furthermore, by
appointing independent audit committee and offering training and development programs to
employees allow organisation to assure presentation of all the facts and financial position that
further developed accountability and transparency.
6

REFERENCES
Books and Journals
Nakpodia, F., Shrives, P.J. and Sorour, M.K., 2020. Examining the link between religion and
corporate governance: insights from Nigeria. Business & Society. 59(5). pp.956-994.
Fedirko, A., 2020. Formation of Competition Policy of the Enterprise in the System of Corporate
Governance.
Sharma, H.B and et. al., 2020. Challenges, opportunities, and innovations for effective solid
waste management during and post COVID-19 pandemic. Resources, conservation and
recycling, 162, p.105052.
Song, L. and Zhou, Y., 2020. The COVID‐19 Pandemic and Its Impact on the Global Economy:
What Does It Take to Turn Crisis into Opportunity?. China & World Economy. 28(4).
pp.1-25.
Jayasuriya Daluwathumullagamage, D. and Sims, A., 2020. Blockchain-Enabled Corporate
Governance and Regulation. International Journal of Financial Studies. 8(2). p.36.
Lenis Escobar, A and et. al., 2020. Design of Strategies for the Implementation and Management
of a Complementary Monetary System Using the SWOT-AHP
Methodology. Sustainability. 12(17). p.6849.
Online
Corporate Governance: Purpose, Examples, Structures And Benefits. 2020. [Online]. Available
throughhttps://youmatter.world/en/definition/corporate-governance-definition-purpose-and-
benefits/
7