Memorandum to Establish a Tone at the Top

Topic

Memorandum to Establish a Tone at the Top

Instructions 

Write a paper on Memorandum to Establish a Tone at the Top

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One of the main propositions that can be executed by the management to create a tone at the top involves; hiring a competent chief executive officer, approving the strategy of the organization and overseeing the implementation of the plan, setting the risk appetite as well as monitoring the risk mitigations with an objective of creating the shareholder value. This is the responsibility of the organization’s authority or the board.  Therefore it is the responsibility of the authority to set the tone of the organization in a way that it performs all these responsibilities. Nevertheless, the tone at the top is mainly driven by the selection of the chief executive officer (Zaring, 2017). Therefore, it is the responsibility of the organization’s authority to focus on different factors including the chemistry, character, and competence of an individual before recruiting the person as the CEO of the organization.

Word Count; 900