Good governance exists to add value to a business, big or small. If you're serious about having an effective Board of Directors, you need a Governance Plan to align directors and build strong relationships within the Board.

 Effective governance is the cornerstone of business success and longevity. Good governance is about structuring, operating and controlling a company with a view to achieving long-term strategic goals for shareholders, creditors, employees, customers, and suppliers.

Effective governance adds value in four critical business areas:

Purpose: defining your purpose and acting with it in mind.

Governance Culture: working effectively to make the right decisions at the right times.

Holding to Account: being aware of what's happening and how to respond.

Compliance: effective risk management.

Any company that is serious about creating and developing an effective Board of Directors should have a Governance Plan. An effective Governance Plan will remove stress and add value.

 You’ll attend a Governance Planning session which will cover the following key areas:

• Agreeing how you'll separate the governance functions and responsibilities from that of operations

• Determining and documenting a Governance Framework Plan and Governance Action Calendar

• Identifying significant opportunities and risks that need to be managed

• Establishing an action plan to address critical issues and get runs on the board

• Agreeing the form and frequency of your regular Board Meetings

Any time is a good time to develop a Governance Plan, even if you already have a functioning Board of Directors.

By attending a Governance Planning session, you’ll:

• Develop a clearer company purpose

• Eliminate current 'laid back' business practices to become more active and strategic

• Hold management to account in implementing the Strategic Plan and delivering results on budget

• Reduce the stress associated with business growth

If you’d like to hear more about our Governance Planning service, get in touch!