The Sarbanes-Oxley Act, also known as SOX, has forced the corporate world to comply with a whole new set of regulations to adhere to. But now that the great transition has been made, it is time for companies to rethink their strategies which takes the consequences of SOX into consideration.
According to Dennis Carey, senior client partner at Korn/Ferry International, it is crucial that corporations begin to emphasize the human capital at their disposal and direct themselves to bringing more value for the owners of the corporation.
Dennis Carey believes that today corporations need to focus on growth, innovation and creativity to guide them to success. Mr. Carey takes this further when he says that it is up to boards of directors to create excellent working relationships with their management so that their strategies and innovative ideas will not be forgotten but will be implemented. Dennis Carey emphasizes that this is the secret to today’s corporate success