Management principles and approach

Imperial operates on a decentralised management system that encourages the acquisition, nurturing and growth of large and small entrepreneurial business units, and strives to maximise the synergies between them.

The executive committee of the group oversees all operational activities, balancing the need for a strong entrepreneurial culture with sufficient and appropriate control and governance.

While the group operates according to a federal system, cohesion across businesses and divisions are achieved through nine unifying factors and eight controlling factors.

Unifying factors Controlling factors
Commitment to people development
Performance culture
Social responsibility
Transparency through good communication
Service excellence
Group business loyalty
We rally around our group brand
Financial responsibility and capital efficiency
Nurturing of and tolerance for entrepreneurial initiatives
 
Delegation of authority policies within the group
Internal financial covenants, limits and a comprehensive financial measurement system
An active executive board with oversight over all businesses
Peer reviews and post-acquisition review system
Divisional finance and risk review committees and boards
Internal audit and group risk functions
Reporting lines and common sense good governance
Social, ethics and sustainability committee

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