Slovenian Sovereign Holding, d. d. (SSH) has published the Guide for Supervisory Boards of State-Owned Enterprises (SOEs) entitled “Governing Corporate Culture”. A direct goal of this paper is to equip Supervisory Boards with key guidelines, questions and tools to be considered, asked, and used when exercising their duties in terms of governing corporate culture. An indirect goal of this Guide is also to empower companies to operate effectively and efficiently by giving culture an appropriate focus within corporate governance practices.
The Guide was developed in cooperation with experts from the Centre of Business Excellence of the Faculty of Economics, Prof. Dr. Miha Škerlavaj and Luka Eržen, external experts, and SSH’s employees. The content of the Guide was also supported by the Managers’ Association of Slovenia and the Slovenian Directors’ Association.
Sound corporate culture governance is important for a healthy culture and more successful business performance and should therefore be a priority topic for the Supervisory Boards of companies. We also claim that “corporate culture can best contribute to business performance if it is consistent with the context, strategic goals, leadership, structure, actual treatment of people at work, and other determinants of business performance”.
Welcome to read the English translation of the manual Governing Corporate culture (originally published in Slovenian language).