CIMA BA4 Syllabus B. CORPORATE GOVERNANCE - IFAC's Main Drivers of Sustainable Corporate Success - Notes ^{4 / 8}

IFACs main drivers for sustainable corporate success

IFAC has published an International Good Practice Guidance (IGPG) Evaluating and Improving Governance in Organizations (IFAC, 2009).

It identifies eight drivers of sustainable organisational success:

1. Customer and shareholder focus

2. Effective leadership and strategy

3. Integrated governance, risk and control

4. Innovation and adaptability

5. Financial management

6. People and talent management

7. Operational excellence

8. Effective and transparent communication