RQF level: 7
Unit Aim
This unit aims to provide learners with an understanding of the modern organizational necessity of governance which leads to an examination of efficient corporate governance practice. This unit gives learners an understanding of the impact of law and global integration on organizational decisions, policies, processes and activities.
Learning Outcomes and Assessment Criteria
| Learning Outcomes When awarded credit for this unit, a learner will: | Assessment Criteria Assessment of this learning outcome will require a learner to demonstrate that they can: |
| 1. Understand the key socio cultural, ethical and moral challenges that organisations face in the current economy. |
1.1 Assess an organisation’s obligations for enhancing employee well-being. 1.2 Compare approaches to the management of diversity in organisations. 1.3 Compare organisational approaches to promoting positive workforce diversity policies. |
| 2 Understand the role of leadership to manage strategic and operational risk in the organisation. |
2.1 Analyse strategic leadership and its links to risk management in organisations. 2.2 Evaluate key leadership and management theories. 2.3 Explain how leadership and management styles should change to meet the needs of different risk situations found in organisations. |
| 3. Understand the importance of corporate governance in organisations. |
3.1 Evaluate the importance of responsible corporate governance in orgnisations. 3.2 Evaluate the impact of major frameworks, regulations and acts on corporate stakeholders’ interests in an organisation. |
| 4. Understand the role and impact of corporate governance in the management of companies. |
4.1 Evaluate the principles of corporate governance in the management of the corporations. 4.2 Critically evaluate the role of a board in corporate governance issues and different approaches taken. 4.3 Recommend duties of directors in complying with principles of governance in the management of corporation. |