FATS

Good governance means being able to implement "FATS".This article will give you the thoughts about the acronym.

Fairness

1. Internal conflict are comprehensively investltigated and studied afore making an action so that it will be solved immediately.

2. There is no favoritism in the company/entity to ascertain that the workplace will operate without biases.

3. Employees are sanctioned to verbalize as long as they are following the regulations of the business to show that their voice are auricularly discerned and amend their moral towards the entity.

4. The potency of the positions in the company are responsibly used to the time it was needed and not for show off.

5. Different sides are auricularly discerned and judgements were not inequitable to ascertain the salubrious environment.

General effect: Implementing this would make the business environment be more salubrious for the employees,employer and the business itself. This will let the conflict be solved without biases and voices are auricularly discerned. Decision making will be more facile as long as fairness is implemented. Not being capable of doing it will affect the workplace because of the conflict that may encounter along the way.

Accountability

1. Responsibilities in every actions are limpidly settled in mind. If there are quandaries, you'll responsibily face it.

2. The employees accommodates as one of the faces of the entity. They must perform well because it will reflect to the company.

3. The prospects is pellucidly verbally expressed to ascertain to that accountability will be showed.

4. This will avail the employees be committed towards the business as they will be accountable for their actions.

5. Being accountable betokens being responsible, if the employees will implement it, the entity will have the congruous people around it.

General Effect: It will avail to have better performance, show responsibility and achieve better results and outcomes.

Transparency

1. Consequential information are available for everyone especially if it will affect the entity to maintain the trust of the others towards the entity.

2. Exchange of information is facile if transparency will be implemented. No information that will affect the entity will be obnubilated to ascertain the trust.

3. Transparency will show that that the entity is veracious. The environment will be salubrious for all and affect their moral.

4. Demonstration of transparency will engender a good image to public and will avail to maintain its reputation.

5. If information is accessible, productivity will increment in the workplace.

General effect: A workplace that practices transparency will lead to a veracious environmental without any a suspicion in it. That will avail the entity to have a good image and get the trust of the workers under it.

Stewardship

1. A workplace with unity betokens a good management. It signifies that the people have to harmony to work that will lead to productiveness.

2. Letting the workers to participate designates there is trust and management efficiency that will avail the moral of the entity.

3. Managing a workplace needs a sagacious decision making and reverence to the perception of others. It will avail to procure unity in the workplace.

4. Involving others will avail the entity to promote moving as one to procure certain goal for the company.

5. No one is impeccable, learning from others is a component of being there. Learn to accept the learnings and apply it to the workplace to manage it with efficiency.

General effect: Great stewardship will lead to a salubrious relationship between the employees and the entity. It will bring the atmosphere lighter and not with terror. It will boost the engenderment of the employees.