Board Performance Reviews ...
The key to deciding what Type or Level of Board Performance Review you should engage your Board with,
is to understand GRC Consulting’s Corporate Governance Maturity Ladder, as shown below,
and where your Board is placed on this.
It is a simple exercise.
GRC Consulting's
Corporate Governance Maturity Ladder ...
Conformance
Performance
ISO Maturity
Deciding what Type or Level for your Board Performance Review ...
If your Board has NOT yet undertaken a Board Performance Review, and or considers its Corporate Governance development to be in its “Early” or “Formative” Stages, then a “Conformance Assessment” is recommended.
Select and undertake a “Conformance” Board Performance Review that will assess your Board versus a Country Level or “Local” Corporate Governance Code level.
Conclusion ...
Conformance – The Board will undertake a Board Performance Review that is a “Conformance” Assessment in line with its local Corporate Governance code level.
If your Board HAS undertaken a Board Performance Review. However, it is unable to clearly demonstrate to independent experts its “Mastery” of its local Corporate Governance framework, and is now looking to achieve this level. In this case, a “Conformance Assessment” is recommended.
Select and undertake a “Conformance” Board Performance Review that will assess your Board versus a Country Level or “Local” Corporate Governance Code level.
Conclusion ...
Conformance – The Board will undertake a Board Performance Review that is a “Conformance” Assessment in line with its local Corporate Governance code level.
If your Board HAS undertaken a Board Performance Review, and is clearly able to demonstrate to independent experts its “Mastery” of its local Corporate Governance framework and is now looking to improve beyond this level, then a “Performance Assessment” is recommended.
Select and undertake a “Performance” Board Performance Review that will assess your Board at an International Best-practice Corporate Governance level “Performance” Board Performance Review, including ISO 37000 and other international best-practice criteria.
Conclusion ...
Performance – The Board is able to clearly demonstrate to GRC Consulting, in advance, its mastery of its local Corporate Governance Code and is now looking to improve its performance beyond this level to undertake an International Best-practice Corporate Governance level “Performance” Board Performance Review, including ISO 37000 and other international best-practice criteria.
If your Board HAS undertaken a Board Performance Review, and is clearly able to demonstrate to independent experts its “Mastery” of International Best-practice Corporate Governance level “Performance” Board Performance Review, including ISO 37000 and other international best-practice criteria, and is now looking to improve beyond this level, then an “ISO Maturity Assessment” is recommended.
Select and undertake an “ISO Maturity” Board Performance Review that will assess your Board at an ISO Corporate Governance and Maturity level.
Conclusion ...
ISO Maturity – The Board will undertake a Board Performance Review that is an ISO Governance and Maturity Assessment, in line with International ISO Corporate Governance frameworks.
The Key Question is where is your Board on this Maturity Ladder and how are you going to improve your Performance?
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.
Catering for a Multitude of
"Local" Corporate Governance Frameworks
and "Conformance" Level Board Performance Reviews ...
We have assessed the contents of many Country Corporate Governance frameworks, and we have adopted the following approach to allow us to cater to any Board from any Country wishing to undertake a “Conformance” Level Board Performance Review, and do so on the following basis:
Any International Board - "Conformance" Board Performance Review ...
Based on many Country Corporate Governance frameworks reviewed, we have constructed a “Representative” Board Performance Model that synthesizes globally representative “Country-level” Corporate Governance Framework criteria.
We use this model to assess any International Board requiring a “Conformance” Level Board Performance Review.
Where we have developed a specific Country Corporate Governance Framework and translated its details into a specialised model, that model is listed below and will be utilised by us to assess any Boards from those countries.
Boards within The Kingdom of Saudia Arabia - "Conformance" Board Performance Review ...
We have, based on the Corporate Governance frameworks issued by SAMA (Saudi Central Bank: formerly the Saudi Arabian Monetary Authority) and CMA (Capital Markets Authority: the government body that regulates, develops, and oversees the Kingdom’s capital markets), constructed a “Specific” Board Performance Review Model that contains the directly related Corporate Governance Framework criteria to assess any Boards operating within The Kingdom of Saudi Arabia.
We use this model to assess any Saudi Board that requires a “Conformance” Level Board Performance Review and to provide these Boards with detailed reporting against the specific Corporate Governance Framework criteria.