Board Governance
A high quality Board invariably results in a high quality business. One way to assess, and then improve, your chances of success is by conducting a Board Effectiveness Review, perhaps every third year. This should be linked to an assessment of how well all Senior Management Function Holders are meeting the expectations set by the SM&CR and expressed in their Statements of Responsibilities
At Mutual Governance we have developed a lower cost, but very effective, approach to conducting a board effectiveness review and have performed reviews in a range of financial service companies in several different sectors.
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The reviews are always led by senior executives, who themselves, have held Board and Senior Manager Regime positions. They have hands-on board room experience and this brings an understanding which adds real value to outcomes from the review.
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