BOARD ADVISORY
Navigate & Optimise
We support Governing Teams to optimise their performance in an increasingly complex business environment. In the spirit of creating long-term shareholder value, we work with forward-thinking boards and executive teams to develop and implement strategies which generate benefits for all stakeholders: customers, staff, and suppliers.
We offer integrated solutions based on a deep understanding of board governance challenges as well as business insights across the value chain: including customer service, finance, sales, distribution, technology, and productivity.
Our experienced Board Consultants work closely with the Chair, Non-Executive Directors, and Executive Team members, whom we refer to collectively as the governing team. We deliver trusted advice to this team throughout our proven three-phase approach:
Our objective is to provide services and advice which help facilitate your governing team’s development towards best-practice governance. During the initial diagnostic phase (Phase 1) we typically use three core offerings.
1. SKILLS & CAPABILITY ASSESSMENT
2. BOARD CULTURE DIAGNOSTIC
Boards shape the organisational culture from the top. The culture is built around key elements such as values, rules, leadership behaviour, and rewards. Therefore, it is helpful to actually measure the ‘Culture of the Board Room’, as it is an important catalyst for the organisation-wide culture. Having worked closely with Dr. Melinda Muth (co-author of the best-selling book Setting the Tone from the Top), we have developed a Board Culture Survey that measures the seven key human elements which shape director and board behaviour.
3. BOARD REVIEW
Our tailored Board Diagnostic is built around a detailed governance survey, which is complemented by insightful face-to-face interviews with Board and Executive team members. The summary report and facilitated board discussion is designed to ensure best practice in terms of:
- Board Performance & Effectiveness (outcome focused), Board Efficiency (process focused), and overarching corporate governance principles;
- Strategic planning and underlying discussions;
- Optimal alignment between Board and Executive Team; and
- Desired Board culture.
White Room Associates was critical in delivering VERO's strategy based transformation as well as establishing a successful LEAN / continuous improvement culture and customer centric thinking...
