Question

Describe how leaders manage and balance the duties of corporate governance, compliance, and regulatory issues with the needs of their stakeholders, while also satisfying competitive demands of the marketplace. Use citations and references in APA style.

Answer 1

Leaders are the one who are the backbone for the organisation , they become the intermediary and manages the mission of top management with the help of lower management.

Corporate Governance means to assure that interest of every stakeholder is accomplished along with Organizational goals.

It becomes their duty to

1. Maintain the goodwill of the corporation.
2. group and personal interest is achieved
3. Mission and Vision is achieved
4. Demand of the commodity or product is satisfied in the market

To balance above is not easy, as all the above points lead to chaos and differences in the organisation, Hence Leaders often termed as Managers play important part here.

(Lindle, 2015) : Accordingly with the recent era, the compliance and corporate governance has been one of the main concern of every organisation and clubbing it with business and its decision has given it a new way. Now the financial position , Stakeholders expectations , demand and supply everything is meet , keeping in mind the corporate governance.

1. Every leader is vigilant in taking decision,this help them to keep an eye on every minute details happening in the organisation, hence compliance are completely followed
2. The leaders are now having futuristic approach and forecasting them with analysis help them to maintain the proper demand and supply.
3. Not only this Leaders are taking care of personal interest of employees as well, thereafter reducing the absenteeism of employees.

Hence leads play a very crucial role.

(Deloitte, 1999): It is a very strategize corporate governance, full of integrity, talent honesty and co-operation.

Every employee working in the organisation should be following proper business strategies and co-operation among employees is utmost important. Timely feedback of performance build a never ending structure.

( Steve Jobs, 1995) : Building a brand needs commitment and dedication and mixing with existing demand and on going demand is cherry on the top, hence Brand building in already existing market can only be done when leaders follows proper analysis without any deviation.

CONCLUSION: to meet the market demand , every leader should maintain proper compliance

1. Long term goals over short term goals
2. group interests over personal interest.
3. Incentives and motivation for the employees
4. Working for the good and maintaining the best with better assurance.
5. proper Management of all the loopholes
6. Commitment and Dedication
7. Proper flow and dialogue communication.
8. Self Regulation.

Hence , every organisation wants to grow, and to grow ethically is right. Therefore flexibility and delegation in an organisation leads to accomplish organisational goals, maintain proper compliance , satisfying the demand of consumer retain the consumers.