BOARD REVIEW

CREATING BOARD VALUE™

Focus on the board’s development perspectives with a thorough BOARD REVIEW.

We work professionally with board assessments for all types of companies – public as well as private.

INSPIRATION FOR DEVELOPMENT

Do you and your board want inspiration and specific suggestions developing your board? If so you will greatly benefit from a board review. We focus on board development perspectives and specific results which make a commercial difference for the company.

We propose specific suggestions achieving greater efficiency of the existing resources within the board.

FLEXIBILITY AND RESULTS

As more boards experience the demand to assess and evaluate the results of their work, many face several challenges in structuring and developing qualified questions and ensuring a valid process for the yearly board review. All in all a great task for both the board chair, management and administration.

Since 2005 BOARD GOVERNANCE A/S has worked with board and board member development. Our starting point is research based assessment and evaluation methods which can be adapted to meet exactly your requirements – BOARD REVIEW.

This applies both in terms of scope and depth so your level of ambition, requirements and values form the direct basis for the focus areas which are highlighted in your board assessment.

We use 3 package solutions regarding the content of the individual assessment. The packages can be purchased as per below or by choosing individually e.g. board presentation or subsequent workshop.

ADVANTAGES

A valid external assessment of the board work, methods and tasks.

Specific suggestions for improvements

Overview of the development perspective for the board and board members

Specific assessments of the individual and total board resources

Improved documentation of top management actions and decisions

Security for shareholders and investors

BESTYRELSESVURDERING Basic
BESTYRELSESVURDERING One level up
BESTYRELSESVURDERING Full scale

VALUE CREATING BOARD EVALUATION

For us it is not enough to identify where a board wants to improve. We utillise the results so it creates value for the management as well as the board going forward.

We do board assessments for both listed, public, cooperatives and private companies as well as private equity funded companies. Companies who want an easy and secure way of conducting assessments which also forms the basis for development.

THE PROCESS – FROM START TO FINISH

A close dialoque ensures that the assessment results can be utilised within your specific board.

The process for BOARD REVIEW is illustrated below.

BESTYRELSESVURDERING Processen

WHO IS BESTYRELSESVURDERING® RELEVANT FOR?

The banks sets higher demands!

The international Capital Requirements Directive as off 01.01.18 basically deals with requirements for better equity, better liquidity and better risk management. This forces the banks to monitor the companies who want capital made available.

In the future banks want to know what the company top management resources look like, both the management and the board. The banks also want to know what resources are available within the board, what is their focus, tasks, objectives and success criteria.

It is thus very important that the companies can substantiate and inform in the best possible way as the banks’ risk assessment might provide a different result which might mean a higher price for the required capital.

If you work for a board who need capital, a BOARD ASSESSMENT is highly relevant for you.

GENERAL TRANSPARENCY REQUIREMENT WITH BOARD WORK

Internationally there is a demand for transparency within board work, including Denmark. This applies regardless whether your interest in the company or organization is objective or subjective.

To a larger extend the boards are required to document in which areas they create value and make a commercial difference. The surrounding community wants to know how the resources are being managed and if it happens in a socially acceptable way.

The boards therefore need to be able to organise the documentation for the board’s specific results in an appropriate manner so it can be applicable for the company’s main stakeholders.

You are more than welcome to contact us for a noncommittal conversation about your ambitions and opportunities with BOARD REVIEW®

We look forward to hearing from you.