Board Advisory

Board Advisory is designed to help enhance your corporate governance practices, and specialize in providing guidance, support, and expertise to the boards of directors of companies, non-profits, and other organizations.

The primary objective is to enhance the board's effectiveness in governance, oversight, and strategic direction, thereby ensuring that the organization it governs remains competitive, compliant, and focused on its core mission. Our role is often to bring an external, objective perspective to the board, based on their expertise and experience, to help the board function more effectively and fulfill its responsibilities.

Components of Board Advisory:

• Board Composition and Structure: Evaluating the skills and expertise currently present on the board; Identifying gaps and recommending suitable candidates for board positions; Assisting in the onboarding process of new board members.
• Governance and Compliance: Assisting the board in understanding and fulfilling its governance responsibilities; Keeping the board updated on changes in corporate governance best practices and regulatory requirements; Ensuring the board's activities and decisions are compliant with relevant laws, regulations, and organizational bylaws.
• Board Evaluations and Performance: Conducting assessments to gauge the board's effectiveness and performance; Providing feedback to board members and identifying areas for improvement; Benchmarking board practices against industry standards and best practices.
• Strategy and Risk Oversight: Assisting the board in its role in setting and overseeing the organization's strategic direction; Identifying potential risks and helping the board in its role of risk oversight and mitigation.
• Succession Planning: Assisting in developing a clear and robust succession plan for key leadership positions within the organization; Guiding the board in identifying, evaluating, and preparing potential successors.
• Stakeholder Engagement and Communication: Helping the board communicate effectively with shareholders, employees, and other stakeholders; Assisting in the preparation of board-related communications, such as annual reports.
• Board Education and Training: Providing ongoing education and training opportunities for board members on relevant topics. Keeping the board informed about industry trends, technological advancements, and other pertinent issues.
• Crisis Management and Response: Guiding the board in handling crises or unforeseen challenges; Preparing the board with crisis communication and response plans.
• Compensation and Benefits Oversight: Assisting the board or its compensation committee in setting and reviewing executive compensation; Ensuring compensation decisions align with organizational goals and stakeholder expectations.

• Ethics and Integrity: Supporting the board in maintaining high ethical standards across the organization; Addressing potential conflicts of interest and ensuring ethical conduct.