Strategic Management.
Board committees are formed to discuss and endorse all policy and strategy issues.
Effective Communication.
Lifewood corporate governance relies on clear, precise communication to achieve business objectives. Business owners must communicate with their teams to outline their tasks and clarify their goals. Staff also must communicate with management to gain the tools they need to accomplish their tasks.Without clear communication, the parties are left to determine their own best course of action, which can give rise to conflicts, inefficiencies and loss of productivity.
Teamwork Culture.
We promote a culture of collaboration and a teamwork spirit across all regions. We encourage team members to share opinions, feelings and ideas openly, and being approachable when employees have comments, suggestions or concerns are ways that managers use communication to develop their teams. This also helps create the sense that all employees have a stake in Lifewood’s success, and the communication across levels of the organization can lead to problems being noticed quicker and resolved faster.
Code of Conduct and Ethics.
A strong sense of business ethics is the basis for Lifewood’s corporate governance practice. It also reflects our ethical values as an organization and our approach to doing business. The code applies to all directors, officers and employees of Lifewood and its subsidiaries: