Board and Governance Renewal
Today’s increasingly more complex business environment has significantly impacted on the role of Boards and the effectiveness of organisational governance structures.
To flourish organisations need to be nimble and take a strategic approach so that they can capitalise on every worthwhile opportunity.
Realise Performance Consultants have extensive expertise in helping organisations reposition their organisational strategy including reform of the Board and Governance arrangements.
We do this by:
- Undertaking Board effectiveness evaluations
- Review Board composition including conducting individual and Board skill mix assessments and gap analysis
- Recruiting new Board Members to fill skill gaps
- Undertaking Board Member education
- Coaching and mentoring Board Chairs
- Establishing Board Charters
- Facilitating the development of organisation Strategic Plans
- Establishing Board Performance Indicators aligned to the Strategic Plans
- Undertaking a range of one-off projects to align the organisation to the Strategic Plans
Case Studies
Board and Governance Renewal
Realise Performance worked with an organisation to resolve the following issues:
- The Board and the CEO (including most of their management team) had become dysfunctional.
- The CEO had convinced a number of members of the Board that the organisation was no longer viable.
- The reality was that the CEO had entered into discussions with another organisation to take over the organisation, ensuring that lucrative positions were available to certain members of the management team.
What did we do:
- Working in partnership with the Board we were able to ensure that they fully understood what was being proposed and the reality of the organisation’s real position and what needed to be done to ensure the organisation was and remained viable.
- This resulted in a full restructure of the senior management group and the creation of new governance frameworks including the establishment of a skills based Board through Director recruitment and training.
What was the result:
- With a new management team in place, and the retirement of some Board members Realise Performance was able to steer the Board to refocus, establish a clear strategic direction and put in place structures and systems to heal the organisation.
- Within a relatively short period of time, our interventions resulted in the organisation not only being financially viable and sustainable but also in a position to enhance the organisation through diversification of their business offerings and acquisitions of other organisations whose operations were complimentary to their strategic direction.
Testimonials
Chris Bertinshaw
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