Strategy
a. Vision statement
To educate, implement, and introduce the intensity, necessity and significance of corporate governance in corporate, while initiating interrelation within corporate internal and external assurance providers. b.Mission statement
i) To highlight the necessity and importance of a combined assurance of the sustainability part of corporate governance between internal an
d external assurance providers. ii) To introduce quality systems and structures to use in the enforcement of adherence to corporate internal sustainable corporate governance requirements for our clients. c.Values
To provide assurance as a corporate external assurance provider of the sustainability part of corporate governance as defined in the king reports, in collaboration with corporate internal assurance providers (such as internal audit committee). Business goals & objectives
b) To introduce quality systems and structures to our clients to use in the enforcement of adherence to corporate internal sustainable corporate governance requirements. Business strategy
Corporate Governance;
1. Advisory Services.
2. Policies and Procedures drafting.
3. Risk Management Solutions.
4. Sustainability reporting assurance. f. Economic intent
Brisk General Holdings Group is a profit making, and a private Company. Business concept
a. Brisk General Holdings Group provides industry-focused assurance, and advisory services for public and private clients with regards to Corporate Governance in South African. We assist clients to understand and implement good practice corporate governance principles and effectively integrate these into a framework meeting the client’s needs and circumstances. b. Corporate Governance;
1. Service pledge
Our customers are our partners. We will conscientiously work to help them achieve the highest quality in their products and the highest efficiency in Corporate Governance. We maintain only the highest standards of excellence in both the quality of our service to our customers. No customer request is unreasonable. In all our relations with customers, we observe the highest standard of ethics. We strategically locate our processing and warehousing facilities to provide fast turnaround and reliable delivery. Our pricing policy is to always be competitive for comparable quality and service. We engage in continuous research and development directed at improving our quality and our services provision methods. We welcome feedback from our customers and will respond quickly to all comments. g. Business model
Corporate governance is the system by which business corporations are directed and controlled. The corporate governance structure specifies the distribution of rights and responsibilities among different participants in the corporation, such as the board, managers, shareholders and other stakeholders, and spells out the rules and procedures for making decisions on corporate affairs. By doing this, it also provides the structure through which the company objectives are set, and the means of attaining those objectives and monitoring performance. The basic principles of effective corporate governance are threefold:
Transparency; Are the board telling us what is going on? Accountability; is the board taking responsibility? Corporate Control; Is the board doing the right thing? Based on these principles, organisations and markets around the world have considered the appropriate mechanisms for their markets. For example;South Africa, where the comprehensive King Report on Corporate Governance was issued in 2002. The King Committee on Corporate Governance was formed in 1992, under the auspices of the Institute of Directors, to consider corporate governance, of increasing interest around the world, in the context of South Africa. The King Committee on governance issued the King Report on Governance for South Africa – 2009 (the “Report”) and the King Code of Governance Principles – 2009 (the “Code”), together referred to as “King III” on 1 September 2009. The issuance of King III was necessitated by the new Companies Act of South Africa and changes in international governance trends since the release of the second King Report on Corporate Governance for South Africa (King II) in 2002. King III applies to all entities regardless of the manner and form of incorporation or establishment. The principles, if adhered to, will result in any entity practicing good governance. For that reason, the Code does not address the application of its principles and each entity will have to consider the approach that best suits its size and complexity. King III requires that a formal process of assurance with regard to sustainability reporting should be established. The audit committee should recommend to the board the need to engage an external assurance provider to provide assurance over material elements of the sustainability part of the integrated report. Our business objectives at Brisk General Holdings are to introduce corporate governance structures and its full fundamentals specifically to small and start up business. Through our mandate, we highlight that corporate governance implementation has nothing to do with a corporation's size, and financial standing. A strong corporate governance structure provides Transparency, Accountability, and Corporate Control to all types of businesses. We take our time to introduce the understanding of corporate governance structures; board members, managers. We do this through Advisory, Policies and Procedures drafting and Sustainability reporting assurance in 3 stages;
Stage 1: Corporate ownership and Shareholders Structure review, and Implementation. Stage 2: Board of Directors Structure Implementation, composition and membership and Committees Structures Implementation. Stage 3: Corporate structure Implementation, the Corporate management organogram Implementation, and Departmental structure and Policies and Procedures Implementation. In any business, a full understanding of corporate governance structures; board members, managers, and shareholders functions and responsibilities, provides a structure by which a business corporations is directed and controlled. This will in return provide Transparency, Accountability, and Corporate Control. This will lead to corporate growth and sustainability. h. Value chain Give a breakdown of the value chain you will be operating in and where your company will fit into this value chain.
