“The board’s role in developing long-term strategy is essential because an engaged board and a long-term approach are valuable indicators of a company’s ability to create long-term value for shareholders.”
– LARRY FINK
Our services include board and C-suite performance, board search, and culture diagnostics and analysis. Our frameworks use proven methodology which is data-driven and evidence-based. We incorporate leading research across governance, organisational, behavioural and neuro-science, and draw on technology (AI) and data analytics to provide additional insight.
Our work helps clients to achieve greater alignment and lift contribution, have open and constructive interactions, and build outstanding composition and culture. Ultimately performance can be measured through the value which a board or Executive team contributes to an organisation.
Given regulator and community expectations it is more critical than ever that boards challenge and validate management performance and reporting, while simultaneously maintaining constructive interactions which facilitate openness and disclosure in the boardroom – no simple task. Our services assist boards and Directors to achieve an uplift in relevant areas, enabling greater impact and effectiveness.
BoardsGlobal board performance reviews reflect where boards perform well and where they can improve. Clients range from ASX and NZX top 20 through to Not For Profits.
Our clients’ organisational strategy shapes the context to board reviews, and our Board Effectiveness Model considers this. It is designed to address the challenges which boards face and also reflects requirements associated with the expectations of key stakeholders such as shareholders, regulators, and the community.
The model has been developed from extensive global research by leading institutions, and incorporates the six factors identified that most impact board performance. Our process objectively analyses essential performance factors, and considers the practices and behaviours which contribute to high functioning boards.
Specific markers are analysed within each performance factor, including values such as the horizons the board works to in its strategic considerations and the nature and quality of the relationship and interaction between the board and the Executive team.
Our board consulting services provide:
- Board Performance Reviews
- Skills Matrix Reviews
- Governance Reviews
- Director Reviews and Development Plans
- Board workshops and facilitation
We are also available for public speaking and professional development sessions.
Best Practice – We provide guidance on the high performing Director characteristics and governance best practices which contribute to high-functioning boards, delivering practical recommendations proven to lift performance and contribution.
Objectives and Board Plans – Our reviews define meaningful board objectives and performance markers which are incorporated into explicit two-year plans. These have been applied by regulators as a model for boards they work with.
Board Dynamics – Research shows that effective board dynamics and culture are critical to high performance in the boardroom; this is an integral component in all our board work.
Evidence-Based – We incorporate leading thinking and research from the world’s best institutions, and bring years of practical experience.
“Directors are hired for skills and remembered for judgement.”
BoardsGlobal helps clients to build outstanding board composition. Our services cater for listed, private, Not For Profit, private equity, statutory, and government boards and sub-committees. We access experienced Chairs and Directors, as well as emerging Directors from the ASX200 C-suite.
Our consultation process helps define the skills, competencies and experience required, both now and for the future. Working with you, we also establish the critical attributes to ensure candidates successfully integrate with the current board.
We bring a thoughtful understanding of board needs drawn from deep commercial and governance experience, aligned to strategic requirements. Our access to far-reaching networks and extensive relationships with boards enables us to identify the best possible candidates and conduct comprehensive research.
Our Skills and Competency Framework provides a transparent and communicable mechanism to demonstrate sound processes around board appointments to all candidates and stakeholders, giving added assurance.
Our board search services include:
- High-calibre candidates who exceed the brief and complement the culture
- Deep insight into boards and Director requirements present and future
- Scrupulous client and candidate focus
- Deep specialist focus and market knowledge – we only provide services to boards
- Professional representation of your organisation to the market at all times
Boards tell us that:
- New board members must integrate into the existing board and add clear value
- The best boards actively focus on building their capability to address the specialist needs of complex organisations in a balanced way
- They would like to be able to consider a wide range of experienced, suitable candidates
- Boards cannot compromise ethical standards and behaviour; the process to obtain new board members must clearly demonstrate rigor, ethics and independence
The BoardsGlobal model addresses all these requirements and delivers quality results.
Culture Diagnostics & Audits
What is great culture worth?
A Harvard study of more than 200 US companies showed that companies with great culture increased net income 765% over ten years.
A strong culture is an organisational asset which underpins high performance. Culture has been featuring in headlines for the ‘wrong’ reasons – because issues relating to culture which had been unobserved or overlooked came to light.
Clients express significant concern about what is “not being said” by staff and which data is not rising up to CEOs and boards. Traditional tools such as surveys provide limited data, as those who do not participate are more likely to be introverted or think differently – often those we most want to hear from.
BoardsGlobal’s cultural audits and diagnostics give a true picture of how culture is performing, how organisational performance can be improved culturally, and where there may be issues, giving fast, reliable and data-validated people and cultural insight.
Importantly it provides reliable consistent data across all staff, so is able to paint a far more accurate picture of where substantive opportunities and issues may lie.
Our organisational culture services include:
- Culture Reviews
- Culture Diagnostics and Audits
- Culture Transformation
- Coaching and Mentoring