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Effective Governance & Ethical Leadership

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GRC Consulting's

Corporate Governance Maturity Ladder ...

Corporate Governance Performance Improvement is a continual journey, as depicted by climbing the 3 Ladders of Maturity below.

Conformance

Performance

ISO Maturity

The Key Question is where is your Board on this Maturity Ladder and how are you going to improve your Performance?

Graphically - Why GRC Consulting's Service is Superior ...

Focused on "Compliance" ...

Focused on "Performance" ...

with local Regulatory Corporate Governance Frameworks.

with a development Progression through the “Corporate Governance Maturity Ladder” to Global Excellence and Best Practices.

Focused on "Performance"

Includes
Business and Operations

Benefits/Outcomes ...

Benefits/Outcomes ...

1. Limited to the scope/focus of the Regulator’s Corporate Governance Framework, which is built on the “bare minimum”.

1. The scope/focus is built on achieving “Performance’.

2. Excludes Business and Operational focus and benefits.

2. Includes Business and Operational focus and benefits.

3. Compliance focused not “Performance” focused.

Pathway of Improvement built on a “Performance” focus.

4. Geared to only ever achieve the “Minimum of Performance”.

4. Geared to achieve the best you can be – “Performance”.

5. Fails to help the Board structure, strategise, and run the business.

5. Helps the Board structure, strategise, and run the business.

Stakeholders Key Question ...

Stakeholders Key Question ...

Do you think that your Stakeholders will agree to your Board restricting its options to ONLY achieve the “bare minimum”? especially when it comes to Board and Organisational Performance?

We, your Stakeholders, fully approve a focus on and, importantly, building and achieving the highest levels of “Performance”.

ISO 37000 Board Performance Reviews ...

GRC Consulting's Service Offering

Our Service Offering to Your Board ...

(This addresses Board “Conformance” or “Performance” Reviews – as defined by us.)

12-month Governance Partnership ...

We will contract with you for 1 year to achieve sustained, long-term Corporate Governance Performance Improvement.

Chair - Provision of One-to-One Governance Expertise ...

We will also separately provide the Chair, on a DIRECT ONE-TO-ONE BASIS, or with the Chair’s replacement designated senior authorised Board point of contact, with a structured, regular call-and-discussion forum that will focus on the Corporate Governance Performance Improvement work and also serve as a support source accessible by the Chair for Corporate Governance matters at large. This will be on the basis that the discussions are built into the contract. If we are required/requested to proceed beyond “discussing”, we will raise a separate charge for approval.

Agile Methodology ...

We will work with your Board in small, regular components and focused areas over the year; Directors are busy people with lots to do, and we respect their time while leading this mandate for success.

Success Outcome Oriented ...

We will work with the organisation’s designated corporate governance contact points on an ongoing basis via structured sessions to formulate the required detail and project development-approved pipeline for Corporate Governance Performance Improvements to achieve successful outcomes.

We Intergrate ...

We will work with you on the basis of being “part of your team” and “tied to your success” and the realisation of concrete Corporate Governance Performance Improvement outcomes.

Credability and Trust ...

We will analyse the results timeously, making regular, timely recommendations for Corporate Governance Performance Improvements to the designated Board Contact point for approval, and follow an agreed-upon process to prioritise them.

Conformance ...

For “Conformance” mandates, we will provide your Board with auditable evidence of the Board’s positions with respect to a regulatory Corporate Governance Framework (KSA – CMA and SAMA’s Regulatory Corporate Governance Framework | for international organisations – a generic, but representative Regulatory Corporate Governance Framework).

We Go Further – Past Regulatory Performance Minimums – To Business and Operations

We will also go further and beyond the scope of these frameworks, which are the absolute minimum of Performance aspirations, to business and operational positions aligned with the board areas of these frameworks, specifically to help the Board structure, strategise, and run your business to achieve broad Corporate Governance Performance Improvement.

Which you will never get from an assessment against a Corporate Governance framework on its own. GRC Consulting’s Unique Service Offering.

Performance ...

For “Performance” mandates, we will provide your Board with auditable evidence of the Board’s positions with respect to International Best Practice Corporate Governance and Board Dynamics, covering a wide spectrum of the best of the best, free and focused above local Corporate Governance levels, to specifically help the Board to structure, strategise, and run your business to achieve broad Corporate Governance Performance Improvement.

Auditable Evidence and Outcomes that Matter ...

We will position the Board (and its organisation), based on successfully completing the Board Performance Review and successfully implementing the highlighted recommendations, to be able to competently demonstrate, with auditability, its performance stance with respect to local regulatory Corporate Governance Frameworks and therefore, when appropriate, understand further Corporate Governance Performance Improvement work by engaging in a “Performance” mandate.

Your Next Step:

If you are serious about improving your Corporate Governance Performance, in keeping with our “Principles – Board Performance Reviews” and to work towards a contractual engagement, please provide the preliminary information structured on our form opposite by clicking the “Complete” button. We will review and revert to you.

Our Vision and Objective ...

In respect of our Corporate Governance Maturity Ladder, we wish to see more organisations “Performance at their very Best” and develop the auditable, substantiated Corporate Governance Improvement capability to successfully engage with ISO 37000 (International Organisation for Standardisation) – Governance of Organisations- and related ISO 37004 – Governance Maturity Model.

At the simplest of levels, managing and controlling in organisations means exercising “Governance”, and we wish to see you achieve your very best Performance.

Our Start Point:

GRC Consulting works on the premise that your Board:

  1. Wishes to achieve sustained long-term Corporate Governance Performance Improvement.
  2. Is prepared to put in the effort and resources to achieve results.

Your Only Questions ...

Do you? and is your Board prepared to put in the effort to achieve Governance Performance Improvement?

What do you think your Stakeholders would say?

Rationale - Points for you to Consider ...

1. We only wish to Partner with Organisations that are serious about improving their Corporate Governance Performance.

2. We will not provide Services to those that wish to have a “10 question/1-page Corporate Governance Assessment – Yes, they exist – it’s disrespectful of the Board’s time and all stakeholders.

3. A Corporate Governance Framework is only the absolute minimum of Corporate Governance, usually structured by a regulatory authority to “keep it out of trouble”/provide minimal guidance. They do not, and the Corporate Governance Framework does not and never will tell you or overly help you to structure, strategise, and run your business, let alone achieve performance.

Why would you, as a Board, want to achieve the absolute minimum of Corporate Governance? Do you think your Stakeholders would agree?

4. Success requires effort – why would achieving Corporate Governance Performance require anything different, and why wouldn’t this effort be appropriately planned and focused to achieve sustained long-term Corporate Governance Performance Improvement results?

5. A short-term Board Performance effort is almost always going to provide less benefit to the Board, Organisation, and Governance Performance Improvement than a sustained, properly geared, long-term effort that is aligned with the Board, the executive, and the organisation’s governance personnel, focused on driving sustained long-term Corporate Governance Performance Improvement.

6. Achieving sustained long-term Corporate Governance Performance Improvement that is auditable brings a multitude of benefits:

  • Improved access to capital/lower financing costs.
  • Improved organisational performance/profitability.
  • Reduced Risk to achieve the same or greater reward.
  • Greater Stakeholder Trust.
  • Lowers insurance Costs, both general business and specific, such as Directors’ and Officers Liability.
  • Improves Decision-making and Outcomes that matter.

Why would you, as a Board, not want to achieve the above and many other benefits through improving your Corporate Governance?

Do you think your Stakeholders would agree?

Your Next Step:

If you are serious about improving your Corporate Governance Performance, in keeping with our “Principles – Board Performance Reviews” and to work towards a contractual engagement, please provide the preliminary information structured on our form opposite by clicking the “Complete” button. We will review and revert to you.

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