text: Responsibilities of management include – 
  
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  Implement the corporate strategy set by the Board; 
  Achieve the performance targets set by the Board; 
  Develop, implement and manage risk management and internal control frameworks; 
  Develop, implement and update policies and procedures; 
  Provide sufficient, relevant and timely information to the Board to enable the Board to effectively discharge its 
  responsibilities; and 
  • Manage human, physical and financial resources to achieve the Company’s objectives – in other words to run the day 
  to day business in an effective way. 
  
  **1.2 Management Performance**
  
  Sundance’s Chairman, with Non-Executive Director input, is responsible for providing feedback to the MD on his performance 
  assessed against the responsibilities mentioned above. The MD, with Chairman and Non-Executive Directors input, is responsible 
  for providing feedback to senior executives and assessing their performance against the responsibilities mentioned above. 
  
  During fiscal year 2014, an annual performance evaluation of senior executives was completed in line with the Company’s 
  incentive compensation policy as well as periodic one on one discussions carried out by the MD. Appropriate induction 
  procedures are in place to allow new senior executives to participate fully and actively in management decision making at the 
  earliest opportunity. 