Corporate Governance & Board Advisory
Lead your organization proactively and navigate complexity effectively
Good corporate governance helps build trust and can improve the company's reputation and long-term sustainability. It ensures that the company operates efficiently, ethically, and in a manner that aligns with its strategic goals.
Lead your organization to its full potential
The people responsible for corporate governance—primarily the board of directors and senior management—play a significant role in shaping sustainable performance, organizational culture, and reputation.
Sustainable Performance
They establish the strategic vision and long-term goals, oversee performance management and committee structures, and implement robust risk management frameworks.
Organizational Culture
They set the tone at the top, develop and enforce policies and practices that promote a positive workplace culture, and influence the behaviors of employees at all levels.
Reputation
They build trust and credibility with stakeholders, including investors, customers, employees, and partners, by demonstrating that the organization is managed responsibly and ethically.
If your organization is growing, if navigating the complex and ever-changing regulatory requirements is challenging, or if you realize that you may need to rethink the skills and collaboration within your governance teams, it may be time to seek professional external support and solutions.
Board Advisory
Boards of Directors seek support at various stages and for different reasons. The three most crucial times they seek an external view or expertise are at the:
Pre-IPO or M&A
Companies preparing for an initial public offering (IPO) or a merger and acquisition (M&A) often need board members with experience in these processes to ensure smooth transitions and compliance with regulatory requirements.
Growth Stage
As companies scale, they may need board support for navigating expansion, fundraising, managing increased operational complexity, and ensuring robust governance practices.
Crisis or Turnaround
During periods of financial distress or significant market changes, companies may seek board members with experience in crisis management, restructuring, and turnaround strategies.
Wherever you are on your board journey, an external view and professional expertise can take your board to the next level
Board Foundations
Board Leadership
Define board chair role, board strategy, information and decision-making processes, accountability.
Board Membership
Select and develop governance team members based on roles & responsibilities, competencies, diversity.
Board Activities
Develop robust committee structures, risk management frameworks, processes, meetings, contracts.
Enabling Structures
Board Dynamics
Understand and optimize board culture, collaboration, communication, and conflict management.
Board Relationships
Establish solid relationship between board members, the senior management team, and all relevant stakeholders.
Board Effectiveness
Ensure that risk management, social responsibility, business continuity, and other strategic considerations are regularly reviewed and calibrated.
Performance
Evaluate
Define individual, group, and organizational indicators; regularly seek feedback and evaluation.
Challenge
Ensure complacency and blind spots are rapidly identified and skill, process, and regulatory gaps resolved.
Strategic Foresight
Explore and prepare for multiple plausible futures and associated opportunities and challenges.
Corporate Governance FAQs
What is Corporate Governance?
Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community.
Who is responsible for Corporate Governance?
Responsibility for corporate governance typically falls on several key teams, depending on the size, type of organization (e.g., SME, Family owned, Nonprofit, Public), and jurisdiction (e.g., country, industry). However, the four most important entities include the Board of Directors, the Executive Management Team, Shareholders, and specialized Committees.
Where can I find more information about Corporate Governance?
Rules and practices are constantly changing and evolving, and expert advice is necessary. This is especially true when you are setting up your organization, when you enter a growth phase, and when you are considering IPOs or M&As.
To get you started, the following organizations regularly publish guidelines:
International Corporate Governance Network (ICGN)
Organization for Economic Co-operation and Development (OECD)
G20/OECD Principles of Corporate Governance