Greater demands are being placed on governing board of directors: regulatory and business demands that require more focussed pro-activity. Is your board effectively responding to these demands; or is it providing inconsistent, or worse, little leadership for the CEO?
It is crucial for boards to become more demanding of their CEOs and managers. But they must have a sound knowledge of the organization’s business and the environment in which it operates. Only then can a board effectively offer high-level leadership in such areas as strategic planning, accountability to stakeholders, and risk management.
Restructuring might be needed, for example, but achieving far reaching benefits could possibly be better secured by setting clear governing policies and defining responsibilities.
Novus consultants will help you and your board colleagues define and discuss these challenges, reveal any issues in the board/managements relations, and help set out a plan to revitalize and focus the roles of the board and its committees.