Welcome to Lions Eye Hospital
OnQ Solutions

Corporate governance is the system by which organisations are directed and controlled with transparency and openness that treats all stakeholders with equity and fairness. OnQ Solutions defines and implements corporate governance systems for organisations so as to facilitate accountability, responsibility and ethical behaviour in managing, growing and developing businesses with efficient operations, effective processes and efficacious strategy. OnQ identifies compliance requirements imposed by legislation, codes of ethics, codes of practice and prescribed standards and assists in the setting up of corporate governance committees, such as:

  • Risk management committee
  • Audit and disclosures committee
  • Legal and regulatory compliance committee
  • CSR and human resources committee
  • Strategy, financial planning and marketing (branding) committee
These committees flesh out the framework required to define and implement
  1. the responsibilities and obligations of board members in terms of membership, accountability, delegation and remuneration and;
  2. the fulfillment of stakeholder expectations, rights, participation and dialogue in terms of strategic planning, corporate social responsibility (CSR), effective management of risk, comprehensive audit, control assurance and full, accurate and reliable disclosure.
OnQ Solutions evaluates the effectiveness of boards in terms of membership and structure, purpose and intent, involvement and accountability, monitoring and review capability, overall performance in achieving business plans and level of impact on the vision, mission and objectives of the organisation. OnQ Solution's corporate governance declaration is founded on the following pillars:
  1. Discipline: OnQ Solutions is committed to behavior that is universally recognized and accepted to be correct and proper.
  2. Transparency: OnQ Solutions is committed to behavior that is clear and easy for anyone within or without the organisation to make a meaningful analysis of our actions.
  3. Independence: OnQ Solutions is committed to making decisions that are in the best interests of the company and society. Decisions will be informed, objective and impartial.
  4. Accountability: OnQ Solutions is committed to cede, delegate and empower people to make decisions and take action on its behalf and to provide mechanisms to assess, review and hold accountable those to whom power, assets and resources are entrusted.
  5. Fairness: OnQ Solutions is committed to balancing the systems and processes within the company to respect and acknowledge the rights of all individuals and groups that have an interest in the company and its future.
  6. Efficiency, effectiveness and efficacy: OnQ Solutions is committed to efficient processes, effective operations and efficacious strategy to ensure that the company achieves the best and highest quality product or service at the lowest possible cost.
  7. Social responsibility: OnQ Solutions is committed to maintaining high ethical standards and a high responsiveness to social responsibilities. Company policies will be non-discriminatory, non-exploitative and responsive to environment and human rights issues.
The perceived results from corporate governance will be that there will be:
  • No to business failure or corporate scandal
  • No to money laundering, corruption, bribery or abuse of corporate power
  • Yes to shareholder activism
  • Yes to globalization and economic liberalization
  • Yes to the green earth movement
  • Yes to trans-nationalism and multi-nationalism
  • Yes to separation of ownership from control
  • Yes to achieving the best economic pay-off and trade-off
The role and responsibility of OnQ Solutions vis-à-vis corporate governance being embedded in each client company is to:
  • Oversee strategic direction
  • Ensure accountability
  • Evaluate performance
  • Manage risk
The Board of Directors of each client company must be comprised of persons with the following character traits:
  • Integrity
  • Accountability
  • Well informed judgment
  • Financial literacy
  • Maturity
  • Confidence
  • Experience
  • Track record
The role of the Chairman of the Board in each client company will be to:
  • Provide overall leadership to the Board of Directors
  • Maintain a close working relationship with the CEO
  • Act as a link between the Board, the management and the shareholders
  • Harness the collective skills and power of the Board and the Executive team
  • Ensure timeliness and relevance of information and material given to the board
The role of the CEO in each client company will be to:
  • Carry on day-to-day business with the management team
  • Develop and recommend to the Board of Directors for approval, the long term strategy, business plans and annual operating budgets
  • Install and implement the internal control systems, processes and procedures necessary to achieve the budgets, plans and strategies
  • Coordinate and prepare business proposals, reports and other submissions for consideration, assessment, review and approval by the Board of Directors
  • Ensure that there is effective communication between the management and the board and between different levels of management
  • Provide leadership to all employees
  • Ensure continuous achievement of financial and operational goals and objectives
  • Implement policies, programs and procedures
  • Attract, motivate and retain employees
  • Promote a culture of ethical practice, good corporate governance and sound risk management
  • Act as principal spokesman of the company
  • Ensure compliance with the laws, rules and regulations of the country