Without governance, human development would be set back at least a couple of decades. While it is true that there is a collective consciousness that nudges people towards general goals, like how culture shapes people’s reaction to certain stimulus, there is still a need for a solid and tangible structure of governance. Without it, certain idiosyncrasies and personal beliefs would be enough to set people against one another. More so in a corporate setting that is often deemed as a simulacrum of how the natural order of things manifest. There is an undercurrent of forces that pervade the corporate world and while it is sugarcoated in 21st century jargon like ‘healthy competition’, ‘climbing the corporate ladder’, ‘proactive solutions’, ‘market dynamics’, etcetera, the plain and simple word for it is ‘war’. It may seem crude and vulgar to term it so but the fact remains that the corporate world is a “dog-eat-dog world”. For an owner or manager, understanding this fact and shaping it to fit within current business ideologies are must-have abilities.

Corporate governance sprung from the efforts of people to establish a world where in the dogmatic phrase “survival of the fittest”, albeit applicable, is modified to allow positive melding of competitive energies. Much like the harnessing of the power of the wind to control and run a turbine, corporate governance is a method to put into place such policies, rules, practices, sub-cultures and various motivational techniques to make an otherwise chaotic environment into an orderly and systematic microcosm. The turbine can convert a wild energy like the wind’s into a more focused and useful energy like electricity. Governance can channel disparate ideas and energies into more productive outputs.

One of the tools of corporate governance is called facilitation. It varies from company to company but the goal of it is similar. It is to train the employees by putting them in simulated situations and then guiding them towards desired outcomes. This is done so to expedite the development of each employee without sacrificing the random effect a real-life situation might present. To a company, this is valuable investment because, first, it cuts the time it would take to simply let employees experience situations in real-life and gradually learn. Second, it supplies knowledge and skills to members of the company that can maximize their outputs. For a business to hire a team of professional trainers to conduct facilitation is a wise move. Not only will employees improve with regards to their contribution to the company but in their personal and social life as well. There are so many intangibles that this might produce such as tighter and more open work relationship, trust and camaraderie, respect and even friendship. These things cannot be bought, cannot be forced and cannot be hoped to just miraculously appear within a company. While it may eventually happen in the future, making it happen sooner and more efficiently through the guidance of professionals can make a difference to a company’s success or failure.

Author's Bio: 

HBA is a specialist workplace relations consultancy based in Canberra, Change Management, workplace investigations service, Corporate Governance,employee relations, employment frameworks.