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Building Your Board for Effectiveness and Governance
 

The importance of an effective Board must not be underestimated nor should it be assumed as a given by simply gathering a number of experienced executives”.

We work with new and existing organisations who wish to develop an effective and efficient Board of Executive and Non Executive Directors, with a strong concern for excellence in disciplines such as;

  1. Financial management
  2. Compliance & Corporate Governance
  3. Quality Assurance 
  4. Strategic Direction

We work to build a Board for our clients that will mirror the needs of the organization in operational focus while providing leadership and strategic direction. By placing good corporate governance at the centre of all our thinking and advice, we help to match the Board with the operational management requirements of the organization. It is our strong belief that the skill set and knowledge of the Board should compliment the management divisions of the organization so as to minimize the risk of reliance on information presented to the Board by divisional experts such as finance, compliance and marketing just to mention a few.

We explore the validity of conventional wisdom in building or perfecting a Board by addressing the relative importance of basics;

  1. Board Member regular meeting attendance
  2. Board Member Equity Involvement
  3. Board Member Declared versus Actual skills
  4. Board Member age and experience
  5. Board Size and Committees

It is our strong belief that in Building an Effective Board one must realize that good Board governance cannot be legislated by governments or their authorities alone, it has to be built over time with the continuous application and drive of the following principles:

  1. Create a climate of Trust and Candor
  2. Foster a culture of Open dissent
  3. Utilize a fluid portfolio of roles
  4. Ensuring individual accountability
  5. A balanced Evaluation of the Board’s performance

With this as the basis of our Board advisory services we believe that we can help your organization meet and manage the challenges of good corporate leadership and governance in the regulatory environment of the 21st Century.

For a confidential discussion with our principal email us at info@mgf.com.au

“Our experience spans across a number of industry sectors including a thorough knowledge of the Not-For- Profit sector”.

 
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