Based on the management and business philosophy which defines the company’s consideration of and relation to its stakeholders’ values, describe the translation of corporate governance into effective management and efficient processes.
Integration Mechanisms
| Meta-Integration |
| Based on the management and business philosophy which defines the company’s consideration of and relation to its stakeholders’ values. |
| Vertical Integration |
| Achieved throughout the three management dimensions by means of structures, activities, and behaviour.
· Structures describe the translation of corporate governance into effective management and efficient processes.
· Activities refer to the development and application of corporate policies, strategic programmes, and operational tasks.
· Behaviour relates to defining roles that ensure that the company’s culture and normative values are put into practice. |
| Horizontal Integration |
| Aligning the structures, activities, and behaviour throughout the distinct management dimensions. |
Extracted from: Integrated Management Concept, Wikipedia, 2021.
Discussions and consultations on the scope of the project, schedule and the composition of the Project Team, were conducted with the stakeholders (Table 3). All stakeholders understood the necessity and benefits of this project since the impressions of the two fatal accidents which involved lifting operations in 2019 were still in their minds. A good mix of enthusiastic representatives formed the strong project team with the HSE Manager’s suggestion to include the subcontractors. The project team also has subject matter experts in risk management, lifting operations and tower crane operations on hand to provide guidance. All appointments in the project team and RA team has a leader and deputy in place, and all trainings have a primary and secondary trainer as back-up to ensure the smooth running of the project.
