Today’s board directors, corporate executives and government ministers have never been more accountable for their decisions.

In an era of increasingly transparent business and government, leadership practices are increasingly exposed to scrutiny. Shareholders, employees, voters, the media and other stakeholders have more access than ever to information about the health and behavior of companies and government departments.

It is essential to an organisation's wellbeing to set in place effective reporting channels, and for action plans to be filtered through an ethical and analytical decision making framework. Boards and management teams must decide the direction in which they want their businesses to go, and construct and execute a blueprint to do so.

Sound governance requires more than financial transparency. Tracking of non-financial data – employee engagement, customer satisfaction, brand strength and other factors – is as critical to making the right decision as is the monitoring of financial indicators.

At Deloitte, we design and construct frameworks to help directors understand and meet their responsibilities, to clarify board and management roles, and to assess and improve the effectiveness of governance processes.