What is Board Advisory?
The Board of Directors (BoD) have the overall accountability for business results and providing the necessary operational, strategic, corporate governance and financial auditing guidance to the CEO and management team. Given the criticality and magnitude of the overall accountability and oversight responsibility, the BoD needs support to supplement their collective knowledge and risk insights.
Board Advisory is knowledge curation for the BoD to ensure the right questions are being asked and properly evaluating the answers. This includes assessing Management’s plans on risk management, corporate governance, financial auditing and achievement of stated objectives to the shareholders.
Benefits of Board Advisory to Your Organization
Corporate governance, financial and risk management, as well as financial auditing and strategy oversight are critical for predictable business performance which includes revenue growth and margin expansion. Achieving compliance and simplicity in your corporate governance, risk management, auditing, and strategy activities for the board and management eliminates missteps and breeds confidence. Having an advisor alongside the BoD and management reduces time to research, create, implement, evaluate and sustain effective board level feedback, governance and oversight.
How Longview Leader Can Help…
We provide consultation, insight and support for your BoD to help develop governance actions and risk management insights. This enhances your Board’s effectiveness to achieve the desired outcomes for employees, customers and shareholders. Additionally, by providing role clarity between the BoD and management; the myriad of strategic and operational matters are overseen effectively. Longview Leader has four elements to board and management team effectiveness.
Contact Valerie Nielsen from Longview Leader Corporation to get started