Best Practices & Firm Management

By: Ismael Falcón Ortega
Falcón Sánchez & Associates, Puerto Rico

Good governance…what does it mean? Why is it important for business management to run an operation effectively? What are the implications of not having it in place and adequately implemented?

In today’s business environment, there is a great deal of skepticism, a need for transparency, productivity and measurable results. Therefore, adequate governance is not an option but a mandate. This management tool has become a basic foundation for organizations willing to win and survive in a globalized, competitive and quickly changing market. (This article was published in Caribbean Business magazine. Click here to read the entire article.)