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1、外文翻译原文InternalStrategy-GovernanceStructureMaterialSource:DeliveringResultsManagingWhatMattersAuthor:LawrenceP.Carr,AlfredJ.NanniWearetoldsolidfoundationsarenecessaryforstrongstructures.Configuringtheownershipandgovernance,theplatformofafirm,iscriticalforcre
2、atingawellbuiltMSDRsystem.Thehomefoundationcontainsthecriticalsourcesofwaterandpowersonecessaryforawell-functioninghouse.Thegovernancestructureestablishesthepathwaysandcontrolofanorganization.Itdirectlyaffectshowtheorganizationfunctionsandhowtheagentsmanage
3、thefirm.Justasarchitectsmustconsiderthebuildingconfigurationwhendesigningtheoperatingsystems,MSDRdesignersmustconsiderthenatureofthebusiness,thestructureofownership,andthestrategicintent.Inthischapter,weexplorethegovernancestructure,andinthenextchapterweloo
4、kintotheorganizationalstructure.GovernanceStructureTheorganization’sstructurehaseverythingtodowiththeexecution—andultimatesuccess—ofstrategy.Startingwiththestockholders,itisextremelyimportantthattheyareinharmonywiththeiragents,themanagersofthefirm.Theboardo
5、fdirectors,electedbythestockholders,servestoensurethatthesepartieshavethesameexpectationsandgoals.Acategoryofbusinessliterature,calledagencytheory,exploresthistopic.Sufficeittosay,acriticalelementofanMSDRsystemistoaligngoalsandpersonalrewardsbetweenownersan
6、dagents.Thishelpsensurethatmanagersaremotivatedtodothebestthingforthecorporationandnot,necessarily,onlythebestthingforthemselves.Whatwillthegovernancestructurelooklike?Whatisitsblueprint?RulesofEngagementWediscussthegovernancerulesofengagementunderthefollow
7、ingcategories:Independence,Structure,LackofKnowledge,IndependentAuditor,andIndividualRoles.Independence:Apropersetofincentivesisthekeytofindinggovernance9alignmentbetweentheownersandthemanagers.Donotassumemanagementwillactforthebenefitofthestockholders.Self
8、-interestwillprevail.Therecentemphasisongovernanceistheattempttofindgoodstewardshipwithbalanceandreasononboards.Toomanyboardsaremadeupoffriends,family,andsupportersoftheCEO.Withthiscomposition,boardmem
