The Open
Enterprise
Transparent by Design
The Open Enterprise is a new type of organization that is transparent by design. The goal of the Open Enterprise is to improve efficiency of financial operations while building trust and confidence with customers. As opposed to making compliance an annual audit, the Open Enterprise shares its status continually via social media to all stakeholders. Transparency builds trust which leads to better outcomes. Sovereign Ventures offers a comprehensive set of services that can transform private and public organizations into Open Enterprises:
Risk-Mapping: Assess business processes to identify risks of non-compliance with anti-corruption laws and norms
Process-Fitness: Shape innovative business processes and internal controls that provide enterprise early-warning and prevent risk
Specialized Anti-Corruption Leadership Training: Provide customized training for senior managers in high-risk areas
Ethics and Integrity: Support implementation of code of ethics, communications and other elements of an enterprise-wide ethics and integrity program
Reporting and Self-Assessment: Help Board of Directors, legal and audit departments improve internal and external reporting
Social Media Campaign: Create social media presence and self-report on progress of the Open Enterprise Initiative
Collective Action: Help lead collective action initiatives to counter corruption position clients as leaders in transparency
Engage Strategic Partners: Present the Open Enterprise to investors and other stakeholders to increase access to global markets, investment and technology