Governance
Board governance is the framework for effective oversight, decision-making, and accountability in your organisation. It ensures transparency, ethical conduct, and stakeholder interests, promoting long-term success and sustainability.
CONSULTANCY
The service includes a comprehensive assessment and review process involving questionnaires, interviews, and a final report with recommendations for governance, strategy, risk, and more, fostering anonymity and collaboration with the board.
Although this service can be tailored to the client’s convenience it can usually be broken down into the following stages.
Stage 1
This involves a Board Review, which includes an initial meeting with the Chair and Deputy Chair to define the scope of work. The Board review may entail audit of the board governance framework, inclusive of policies, board composition and engagement with executive management.
Stage 2
Usually includes face-to-face interviews with Directors and/or executives and responses are summarised anonymously. Review of all applicable documentation.
Stage 3
Is a more extensive stage consisting of a final report, summarising survey and interview data and offering recommendations. The report will include an Executive Summary, Review Process details, and recommendations for governance, strategy, risk, CEO and Management team, performance monitoring, compliance, ethics, values, board meetings and emerging issues for the organisation.
BOARD PERFORMANCE & EVALUATION
The service includes discussing and reviewing strategic plans, addressing current challenges, identifying future strategic directions, prioritizing requirements with a Risk Profile, creating a Skills Matrix and Questionnaire for directors, and conducting interviews.
Although this service can be tailored to the client’s convenience it can usually be broken down into the following stages.
Stage 1
This stage can include an initial meeting with the Chair and Deputy Chair to confirm the scope of work. They review strategic plan and board governance documentation, assess current issues and challenges, identify future strategic scenarios, prioritize requirements using your Risk Profile, and develop a Skills Matrix and Board Review Questionnaire. The questionnaire covers key board functions, governance processes, and the skills required. Face-to-face interviews with each Director are conducted, and the outcomes are collated while maintaining anonymity.
Stage 2
In this stage responses from surveys and interviews are summarised and presented in a report to the Board, along with recommendations. The report includes an Executive Summary, details of the review process, a summary of board questionnaire ratings, non-attributed commentary from conversations, and recommendations addressing areas such as board skills gaps, governance, strategy, risk, CEO and Management team, performance monitoring, compliance, ethics, values, and board meetings. The consultant may present an initial report to the Chair and Board at a workshop, and the final report will be submitted to the Chair.