Our Governance Services
One of the critical aspects of being involved with Boards and Audit Committees is understanding that the role is about governance not management. Boards have an important role to play in setting business strategy and the governance framework, and then their role is to oversee its implementation by the Management team. Governance is always about having the right balance between strategy and compliance while ensuring financial sustainability.
The Board members need to understand the business operating environment, its internal and external environment and strategic positioning. To be effective there needs to be a productive working relationship with management but the Board needs to maintain professional scepticism. Additionally, the Board composition needs to be appropriate to the business and shift as the business changes.
Effective Boards are hungry to learn about and improve Corporate Governance, as good governance is about ensuring that there are effective processes for making and implementing decisions. The Governance processes should ensure there is adequate accountability and transparency in respect to decisions made in meeting agendas, papers and minutes.
Our Governance services include:
- Board/Non executive Director or Skilled Director membership
- Independent Audit Committee membership
- Governance framework reviews
- Governance reporting support and advice
- Internal reviews and internal audit services
- Business coaching, mentoring and professional development for CEOs and Management teams
- Business process advice including development of policy frameworks, organisational structures and flowcharting of key processes
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