McDonald’s Corporation’s Board of Directors is entrusted with, and responsible for, the oversight of the assets of the business in an honest, fair, and ethical manner. The Board of Directors believes that great corporate governance is needed in order to fulfill their obligations to shareholders. McDonald’s believe that a good corporate governance is a journey, not a destination. I find this statement to be completely accurate because you want to take your time with information not immediately end up with a decision. With it being a
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The Board of Directors sharing a McDonald's meal! Note how happy and carefree they are, that is what McDonald's is striving for in its business. |
journey they are committed to reviewing the corporate governance principles at least once a year, with a view of continuous improvement. While researching their principles, the one thing that I kept finding is that the one thing that they will not change is their commitment to ensuring the integrity of the Company in all of its dealings with shareholders. McDonald’s continued focus on leadership on corporate governance is an internal part of fulfilling their dedication and commitment to the shareholders.
McDonald’s success is built on a foundation of both personal and professional integrity. Millions of people around the world trust McDonald’s. They earn the trust everyday by serving safe food, respecting their customers and employees, and delivering quality, service, cleanliness, and value. They build on their trust by being ethical, truthful, and dependable. Since McDonald's practices great governance it has lead them to superior financial performance.
McDonald’s organizational culture is different on all levels in the company but the one thing that they strive for is friendliness and respect for all. It is a team of individuals with diverse backgrounds and experiences that are working in an environment that encourages engagement. Diversity and inclusion are a big part of their organizational culture and everyday McDonald’s strives in creating an environment for everyone to contribute their best. In order to retain their great employees, McDonald’s does offer incentives and bonuses to all employees, not just the higher level positions. The rewards are unique to the individual based on their needs and wants. This will help McDonald’s drive higher level of employee commitment. They believe that when they improve the happiness of their employees, it improves customer satisfaction and positively impacts the overall business results.
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