CIO Wisdom II: More Best Practices

The CPR Framework for Corporate Governance

The CPR framework defines corporate governance as follows:

Corporate governance is the systematic pattern of behavior of the board, management, and staff of a corporation that is directed toward the corporation achieving sustainable financial results. The behavior that is corporate governance must be directed toward the four primary assets of the business:

1. Infrastructure

2. Clients and external stakeholders

3. Internal people and process

4. Value creation

by managing the current and creating the future state of the corporation by expending effort in three dimensions:

1. Conformance— to legal and regulatory requirements

2. Performance— financial and otherwise

3. Relating Responsibly— maintaining rapport with relevant stakeholders ...