Our belief about effective boards
The fundamental objective of the Board of a company or organization is to ensure that the company or organization is properly run. To achieve that objective, an effective Board focuses on four key elements:
Business Strategy: Understand current strategy and external environment, constructively challenge current strategic thinking, and contribute to the development of future strategy.
Corporate and Management Performance: Review and scrutinise the performance of company and management as per the agreed corporate objectives and performance metrics.
Finance and Risk Management: Ensure that financial information is accurate and robust financial controls are in place. In addition, make sure that comprehensive risk management systems and risk management processes are deployed.
People Management: Determine appropriate levels of remuneration for executive directors. Boards have a prime role in, appointing and where necessary removing senior management, and in succession planning.
The effectiveness of a Board lies as much in the behavioural dynamics and relationships as in the structure and processes of the Board.
The role of the Board Members is complex and demanding and it requires the right skills, relevant experience, sound judgement, integrity, and high ethical standards.
How can we help you
BUSINESS & CORPORATE STRATEGY
BOARD STRUCTURE AND PERFORMANCE
DIRECTORS’ DUTIES AND RESPONSIBILITIES
RISK MANAGEMENT & INTERNAL CONTROL
AUDIT AND FINANCIAL REPORTING
