Most businesses aspire to the principles of good governance – but some feel it’s not always compatible with competitiveness. But, as Professor Chizu Nakajima, professor of corporate law and governance in the faculty of business and law at London Metropolitan University, points out, ‘it’s not a set of trade-offs. You have to strike the right balance between being competitive, but you also have to respond to the needs of clients’.
‘You have to align all the agendas together,’ adds Estelle Brachlianoff, executive vice president, UK and northern Europe at Veolia. Get it right, and not only will the money come rolling in – your business’ reputation will be squeaky clean, too.