Putting governance within the context of the entire organisation
Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled. It is also the mechanism through which authority is exercised and people held to account.
While governance is often thought of as the directors of a company and what goes on in the board room it is much broader. It encompasses business processes, people and the relationships within an organisation that ensure it effectively pursues its purpose, balances the needs of stakeholders and meets compliance expectations.
In today’s fast-paced, rapidly-changing, complex and uncertain business environment it is more important than ever that governance does not constrain the organisation nor limit its ability to adapt.
What this means is that Boards allow strategy to emerge from across the organisation, resourcing to be more flexible, risk to be taken appropriately, an inquisitive culture and a more entrepreneurial management team.
It is also important that change to how governance is managed does not happen in isolation but is considered in the context of the entire organisation.
How we help our clients transform their governance processes:
- Using our 6C Framework, we can assess the alignment of Governance with other business systems – management & operations, strategy, risk, finance & resourcing and workplace culture.
- Assess how suited current organisational governance is to a more complex business environment.
- Prioritise where change is required.
- Develop a plan to undertake the transformation required
- Work with you to implement that change
- We do this in tandem with reviewing and analysing:
- Current roles and responsibilities within the organisation
- Operations, process and procedures
- Your model review
- Your functional alignment
We do this utilising a combination of the following:
- Board performance review
- Governance structure review
- Board process and functions review
- Develop and review delegations and skills matrix
- Assess overall governance performance
In addition to transforming your Governance processes, Graphite i2i also handles smaller one-off pieces of work which can include some of the above services handled individually or we can develop bespoke services to meet your needs.