Monday, April 8, 2013
Key, Fletcher et al
Puzzled about why this sort of thing is happening so frequently under this National Government?
The Hand Mirror has a very tidy explanation of corporate governance .v. democratic governance, that begins with the following paragraphs:
"This is what happens when you have a culture of corporate governance in a democratic institution.
Joyce and Key are both corporate governance masters. And they set a great deal of the culture of the Cabinet, and thus of the behaviour of the senior civil servants who support the Cabinet in their day to day work. And they don't recognise the difference, the very important difference, between corporate governance and actual democratic governance.
In a corporate environment the Right Thing To Do is often what you can get away with for maximum gain. It's about not getting caught, rather than acting with integrity in the first place. If you do get caught then the focus is not that you did something wrong, or even that you got caught, it's how you manage being caught out; shifting blame, constructing plausible deniability, brain fade*, whatever. Not everyone plays it this way, but the collapse of many finance institutions in the last few years has surely taught us that a great many do, in particular those in the areas of currency speculation, hedge fund managers, etc, who are seeking to make marginal gains very quickly by shifting around huge amounts of money for no other reason. It's ok for Key to manueoruve a high level post for an old friend, it's ok for Ministers not to front to major news institutions for months on end on topic issues, it's ok for us to never know why a Minister was sacked. Because in corporate governance those are all within the rules and acceptable. Move on, nothing to see here."
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1 comment:
Written from a jaundiced socialists viewpoint with very little relevance to what actually happens or even experience in the corporate area.
The reality is somewhat different. Getting corporate governance wrong has a serious impact on the individual whereas democratic governance has very little impact on the individual.
In fact lie, cheat, steal and connive in democratic governance and they'll generally knight you or promote you to the UN!
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