Performance Oriented - Board Performance Reviews ...
This section explains “Performance” Board Performance Reviews and provides links to related information.
In summary, our “Performance” Service Offering covers:
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Any International Board – “Performance” Board Performance Review …
We reflect the “Conformance” and “Performance” approaches graphically as follows:
"Conformance" - the Focus ...
As a generalisation, “Conformance” oriented Boards may be focused on:
- All about Compliance.
- Inward focus, trying to develop.
- Single dimension focus.
- Focused on its Corporate Governance Framework (Governance Compliance + Director Personal Risk + Director Independence).
"Performance" - the Focus ...
As a generalisation, “Performance” oriented Boards may be focused on:
- All about Competence.
- Outward focus, being the best.
- Multi-dimensional focus.
- Focused on its Competency / Performance Framework.
Performance Oriented - An Overview …
In considering a “Performance Oriented” positioning, the Governing Body should be able to clearly show that from a Maturity perspective that it demonstrates the characteristics of being:
- Progressive (Ram Charan (2005)).
- Advanced to Leading Practice (Geoffrey Kiel (2018)).
That the Effectiveness of the Board’s Performance, seen by an independent Observer, would be adjudged as:
- At a minimum, Averagely to Structured to Well Structured (GRC Consulting (Current)).
Further, the Governing Body would tend to be focused on the following:
- “Performance“,
- be all about Competence,
- outward focused, Multi-dimension,
- with the mindset and drive to continually be the best,
- with that focus centered around Competence / Performance with their respective Corporate Governance framework, which has been developed to suit the achievement of their purpose and long-term sustainable vision.
Performance Oriented Board Performance Reviews …
GRC Consulting’s proprietary © GRC Consulting model utilises a “Competence / Performance” framework in delivering its Independent Board Performance Reviews.
"3 Triangles Core Competency Framework for Governing Bodies and their Directors"
GRC Consulting and its “3 Triangles Core Competency Framework for Governing Bodies and their Directors”, words, diagrams and associated logos are Trademarks. All rights are reserved to GRC Consulting. No reproduction, modification, or use in any form may be undertaken without the written permission of GRC Consulting.
At first glance, the interested Governing Body reader should clearly discern that this is not an inward, compliance-focused framework.
It is worldly, globally, outwardly focused, considerate of the environment, social, markets, and business placement of the organisation, yet comprehensively linking the outside world, through its relevant laws, business norms, and strategy, to the inner workings and structures encompassing “How We Operate”, “How We Behave”, and it’s Internal Stakeholders, required by high performing Boards and their organisations, with a central focus on the Governing Body and its Director’s respective “Competency Profile” and “Competency Focus”. It is all about Performance.
GRC Consulting firmly believes that to be of true value to Governing Bodies and Directors, the Performance / Competency Framework must be as practical and oriented to a Director’s working life as is possible.
It must take the perspective of the Director sitting behind the desk, facing real life, having to consider and do the things that governing bodies and their Directors have to do, that they have to deal with.
Recapping the Simple Decision Criteria from our Maturity Ladder …
GRC Consulting's Corporate Governance Maturity Ladder ...
Simple Decision Criteria ...
1. No Board Performance Assessment yet undertaken, and or NOT yet mastered the Local Corporate Governance Code = Undertake a “Conformance” Board Performance Assessment.
2. Mastery of the Local Corporate Governance Code = Undertake a “Performance” Board Performance Assessment.
Sumarising - Selecting a "Performance" Approach to Board Performance Reviews …
In selecting this approach, you have arrived at the determination of:
“Yes” Response
- 2. Mastery of the Local Corporate Governance Code = Undertake a “Performance” Board Performance Assessment.
Consequently, your Board would be characterised as:
All about Performance, Competence, with an outward focus being the best, both as a Board and as an organisation, with a focus on implementing and improving its performance for sustainable long-term benefit, proactively planning its Board Performance Review that would elevate the Board to be the best that it can be while driving the organisation to achieve and excel, integrating its leadership, operations, inputs, processes and outcomes, conscious of its operating environment and benefit to all stakeholders.
Further References and Reading ...
If this “Performance Oriented” approach is the correct approach for your Governing Body, but you would like to read more detail, then please read the detailed explanatory section about our “Performance Oriented” Service, which applies to any International Governing Body:
Performance Service – Detailed Explanation – To read further, please click the “Read More” button.
GRC Consulting recommends that those Governing Bodies and their Directors who are not at or have a concern as to the level of their Governing Body and or individual Director’s Regulatory Corporate Governance Compliance as a process of maturity development and compliance positioning they incorporate into their Board Performance Reviews, a program that is more appropriately focused upon addressing their respective Regulatory Corporate Governance positioning first. Please read further on our “Conformance Oriented” approach:
Conformance Oriented – Board Performance Reviews – To read further, please click the “Read More” button.
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.