ABSTRACT
Rapid transformations in science and technology, business and society, and uncertainty about the future and growing domains of inconceivability in the external environment present complex dilemmas in decision making, where the impact of making the wrong judgement can be devastating for employees, the organization or the broader community. Good corporate governance structures can help to ensure the correct and sensitive resolution of such complex problems and proposals to ensure sustainability and value for today and the future. This does not mean that executive management has to be an expert on each and every issue that arises. Rather it is knowing when to seek independent expertise and professional advice to supplement their collective knowledge and expertise.
