Corporatisation of Businesses
The
Corporatisation process implemented by the Ward Management Group
involves changing the structure of an enterprise so that it functions
on corporate business lines, with a mandate to operate on a viable
basis while accounting for its financial performance.
Corporatisation
provides a framework and structure in which the organisation operates
and a focus for planning, teamwork, accountability for shared
responsibilities and an organisational culture in which ownership of
shared objectives can be adopted over time while achieving Growth and
increased Value for divestment or transition to new shareholders. |