Director and Board Corporate Governance Assessment
The Kingdom of Saudi Arabia
for SAMA and CMA Regulated Boards

Why Your Interest? - As a Director or Board ...

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If you are a Director or a Board of an organisation under SAMA / CMA, this may affect you directly and personally.

As a Director or collectively as the Board you have two broad, high-level Mandated responsibilities by SAMA/CMA:

  1. To ensure proper Governance across and within the Board and organisation.
  2. To ensure appropriate compliance with the respective SAMA/CMA Corporate Governance Frameworks.

We assist you directly with this Service in assessing your Corporate Governance position, personally in the case of an individual Director, or collectively in the case of a Board, for all Directors individually and the Board as a whole, relative to the SAMA/CMA requirements of their respective Corporate Governance frameworks that you are mandated to comply with.

Are you serving on a KSA Financial Services Organisation Board regulated under SAMA/CMA, the Company Secretary or the Chief Executive Officer or the equivalent of your organisation? Perhaps an aspiring “new Director” seeking a Board seat?

Then this GRC Consulting Service is of interest to you personally and will benefit your Board.

We assist you directly with this Service in assessing:

  • Individual Directors – your Corporate Governance positioning,
  • The Board – the Corporate Governance positioning of individual Directors and collectively for that of the Board,

thereby enabling, for the Board, the establishment of the Boards:

  1. collective current Corporate Governance position on the SAMA/CMA frameworks,
  2. establishing the priority areas of strategic importance to the Board that require attention,
  3. an action plan to address shortfalls/make material improvements, and
  4. with the outcome of improving the Board’s capabilities and performance.

All founded on the Corporate Governance requirements under SAMA / CMA regulations that you are mandated to comply with and provide a tailored Personal and or Board Plan to then take Action – to reduce your EXPOSURE / LIABILITY and improve your Performance.

Simple to understand, Simple to implement and Simple to use.

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On-Page Menu Linking ...

For your convenience, we have structured the Corporate Governance Assessment Service information on this page into the following major sections.

The headings are followed by an “On-Page Link” Button which when clicked, will navigate you directly to the selected section.

Why Your Interest? – As a Director or Board …

Why Your Interest? – Our Approach …

Why Your Interest? – Driving Market Forces …

Why Your Interest? – Historical Assessment Problems …

Why Your Interest – Our Solution to Solving the Problem …

How to begin improving Governance and Performance …

Director and Board Corporate Governance Assessment – The Kingdom of Saudi Arabia …

GRC Consulting – Director and Board Corporate Governance Assessment Service …

Corporate Governance Assessment Service – Director Level Reporting …

Corporate Governance Assessment Service – Board Level Reporting …

GRC Consulting – Corporate Governance Assessment Service – Value Overview, Next Steps and Process …

Why Your Interest? - Our Approach ...

In our search to help Governing Bodies solve their complex problems, we carefully evaluated SAMA/CMA Governing Body / Board / Director Corporate governance and or Board Evaluation Assessment Frameworks available, based on our experience regionally and publicly.

The reality is:

  • There are not many available and furthermore,
  • They are mostly generic and do not reference the SAMA/CMA frameworks directly as their underlying foundation,
  • They consist of generic imported Board evaluation material used and designed for other international markets – they are not SAMA/CMA oriented.
  • They do not utilise advanced and currently available technologies to ensure a seamless internet-based delivery that is efficient and cost-effective.

In addition, we also found that: 

  • They were largely outdated, not kept current, and consequently,
  • They are not reflective of current business practices, best practice corporate governance, or SAMA/CMA corporate governance,

Consequently, with our focus on solving complex problems for Governing Bodies and their Executive Leadership, utilising our creative skills, methodologies and technologies, we believed we could do better for our Governing Bodies, their Directors and Executive Leadership.

We have therefore built a Service that directly references what SAMA/CMA Directors and their Boards are mandated to comply with and further designed the reporting and service deliverable to be a focus on improving specific corporate governance shortfalls highlighted, thereby improving performance, skills, knowledge and competence of the respective Directors and Board.

Simple to understand, Simple to implement and Simple to use.

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Why Your Interest? - Driving Market Forces ...

With the Saudi National Transformation 2020 and Vision 2030, there are understandably significant changes taking place both across the Kingdom and, importantly, legislatively, through the issue of news laws and regulations.

Furthermore, the continued opening-up of the Saudi market-places heightens competition, raising standards and requiring improved performance, which the recent difficult global conditions have exacerbated.

Performance that has to be led by the Board, its Directors and the organisation’s executive team.

In seeking to attract Foreign Direct Investment (FDI) and new sophisticated new investors, stimulate local business and update and enhance the fabric of the Kingdom, the demands for enhanced oversight, internationally accepted norms, stricter and improved definitions, ethical and effective governance, and other drivers are contributing to increased pressures.

We are focusing on the increasing Director pressures, exposure and liability, and the pressure to increase performance, which forces are not expected to reduce but continue to increase over time.

This Service addresses these issues with the targeted outcome of improving Director and Board Performance through improved Governance.

It is therefore critical for Directors and their Boards to:

  • ascertain current positions through a properly structured governance assessment, and
  • actively plan and take the necessary action,
  • re-evaluate potential exposures and standing relative to Corporate Governance requirements,
  • to be prudent, limit exposure and potential liability, improve Corporate Governance and performance
  • stay out of harm’s way with the benefits of enhanced performance and reduced risk.

This dedicated Service aims to assist you; the SAMA / CMA Director and Board make the right and sensible choice and improve your performance.

Simple to understand, Simple to implement and Simple to use.

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Why Your Interest? - Historical Assessment Problems ...

To date, Boards have found that their valuable time spent on Board Assessments have been problematic, in that the assessments have:

  • been generic and have not specific to local regulatory requirements, resulting in not focusing on local regulatory requirements and increasing regulatory risk.
  • not generated specific local actionable regulatory items for a board prioritised development plan and processes.
  • been conducted by external assessors without any direct connection to local regulatory and cultural knowledge.
  • failed to deliver Director compliance statements as lodged formal organisational records.
  • the only real value in the onsite assessments or face to face meetings element. This element is also subject to the facilitator skills and the most expensive option, whilst still not delivering the best value for money.

GRC Consulting has worked hard to solve this problem and provide an improved Service for SAMA/CMA Regulated Financial organisations by structuring its Director and Board Corporate Governance Assessment Service to overcome these issues and deliver an effective and efficient service.

As Corporate Governance Experts within the region, we know of no other directly relevant service offering that delivers direct, one to one, actionable Corporate Governance intelligence for Directors and the Board and its compliance with its mandatory KSA SAMA / CMA regulatory requirements.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

Please click the “Purchase Now” button opposite to Purchase this Service Offering.

Why Your Interest - Our Solution to Solving the Problem ...

Our new Director and Board Corporate Governance Assessment for the SAMA / CMA Regulated Market places has been specifically designed to help you ascertain your compliance with SAMA/CMA requirements whilst focusing on improving performance, and:

  • is directly and specifically tied to the SAMA / CMA Regulatory requirements (mandated compliance).
  • can be provided as a single program to achieve time efficiencies or as a modular program, phased over time, to fit your Boards’ Agenda.
  • generates directly aligned corporate governance-specific actionable items to take specific and direct action on what matters and not waste effort.
  • provides individual Director and Board regulatory compliance statements for signature/lodgment as organisational records.
  • provides real value for money and savings, with a multi-tiered service option to meet your Board’s agenda over the year.
  • Helps improve corporate governance and, in so doing, helps improve performance.

As Corporate Governance Experts within the region, we know of no other directly relevant service offering that delivers direct, one to one, actionable Corporate Governance intelligence for Directors and the Board and its compliance with its mandatory KSA SAMA / CMA regulatory requirements.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

Please click the “Purchase Now” button opposite to Purchase this Service Offering.

How to begin improving Governance and Performance ...

As a Director or collectively as the Board you have two broad, high-level Mandated responsibilities by SAMA/CMA:

  1. To ensure proper Governance across and within the Board and organisation.
  2. To ensure appropriate compliance with the respective SAMA/CMA Corporate Governance Frameworks.

The Key Question is how to ensure proper compliance, but, more importantly, how to leverage from this and be the best that you can be, improve your position by starting from a solid foundation and do so efficiently and effectively to strengthen your Performance ultimately?

Therein lies the problem!!!

Our Service is designed to highlight the Regulated Corporate Governance Requirements that you, as a Director, under SAMA/CMA, are mandated to comply with.

We ensure that we address the mandated Corporate Governance Framework Requirements.

We look at Evidence and Effectiveness, and in doing so, provide you with a Plan to then take Action.

We do this in a structured way with thoughtful reporting to precisely understand your position, what has to be done, where to focus, and how best to improve your performance efficiently and effectively with the least cost and delay.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

Please click the “Purchase Now” button opposite to Purchase this Service Offering.

Director and Board Corporate Governance Assessment
The Kingdom of Saudi Arabia

We have Challenged the Status Quo and Achieved Simplicity to directly benefit you.

We have thought differently, to solve one of the challenges facing KSA SAMA / CMA regulated Boards for long term benefit.

We are providing a Unique Tailor-made Solution that delivers a Board Corporate Governance Assessment DIRECTLY aligned to SAMA / CMA Regulations in beautiful simplicity.

Simple to understand, Simple to implement and Simple to use.

We are Boardroom Leadership Governance, Risk and Compliance Experts.

Want to work with us?

Are you Concerned? Exposed? Governance not at the right level? Could Performance be better? Do not know where to start to reduce your exposure and liability and improve your Performance?

Please don’t wait until it is too late and too expensive.

Act now and click on the link to receive the GRC Consulting

Director and Board Corporate Governance Assessment Service

Reduce your Risk and Liability Exposure now.

Sleep more peacefully, without liability and improved Performance because you took

the right action at the right time when no one was looking!!!

Click the link and let GRC Consulting help you reduce your exposure and liability.

Our Director and Board Corporate Governance Assessment is designed to highlight the Regulated Corporate Governance Requirements that you, as a Director, under SAMA/CMA, are mandated to comply with.

Our Board Corporate Governance Assessment for the SAMA / CMA Regulated Market places has the following Key incentives and benefits:

  • directly and specifically tied to the SAMA/CMA Regulatory requirements (mandated compliance).
  • quick digital delivery, saving time, money, effort and reducing your liability with a Plan to Act.
  • modular program, phased over time, to fit your Boards’ Agenda, or done as a single exercise for speed of completion and results for action-taking.
  • provides individual Director regulatory compliance statements for signature/lodgment.
  • generates directly aligned Corporate Governance specific, actionable items for the Board’s prioritised development plan and continual improvement processes.
  • provides real value for money and savings, with a multi-tiered service option to meet your Board’s agenda over the year.
  • Reduces your liability and exposure whilst focusing on developments to improve Performance.

As Corporate Governance Experts within the region, we know of no other directly relevant service offering that delivers direct, one to one, actionable Corporate Governance intelligence for Directors and the Board and its compliance with its mandatory KSA SAMA / CMA regulatory requirements.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

Please click the “Purchase Now” button opposite to Purchase this Service Offering.

GRC Consulting - Director and Board Corporate Governance Assessment Service ...

The following Section covers the GRC Consulting Director and Board Corporate Governance Assessment Service.

Please click on each of the “Toggle Indicators” or Overview Headings to display or close the relevant Sub-Sections:

Corporate Governance Assessment Service – Basis of Assessment …

We base the Corporate Governance Assessment on the criteria that you can base your Performance and follow up Development Plan actions on:

1. Evident:

The degree to which your Contributions are plain, obvious, clearly seen, tangible, “in support of”.

This is reflective of “work ethic/evidence“.

2. Effective:

The degree to which your Contributions are successful in producing the desired results.

This is reflective of “Performance”.

If you were in front of an Authority, being questioned, the focus of interest may be on:

What Evidence – is there to corroborate your position? – “work ethic/evidence”.

Focusing on Performance to become a “High Performing Governing Body/Director”, the focus will be:

How Effective – were you, such that your claim/position is substantiated? – “Performance”.

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Corporate Governance Assessment Service – Our Service Offerings …

We offer this Service as follows:

1. To individual Directors as a single-tier service:

This is a standalone service to the individual Director and focuses through the assessment on providing help and guidance to the individual Director on:

  • The assessment results relative to SAMA/CMA Corporate Governance requirements.
  • Thereby highlighting areas of strength and those for improvement.
  • Provides a summary of positioning against the personal Director liability requirements mandated by the Regulator.
  • Provides the scope for a personal development plan of action to improve performance, skills, knowledge and therefore, competence.

2. To the Board, as a multi-tiered service to provide the Board with multiple options, collectively, with Individual Director Reporting as noted above:

As a collective group of Directors, the Board Service enables us to provide board-level and individual-level reporting. Additionally, we can track the Board’s consensus of positioning by monitoring where individuals scored in driving a “Board Average” and the standard deviation of these responses within the submissions.

The specific reporting in summary by Category and within a category, together with detailed individual item reporting, SAMA/CMA Corporate Governance Framework reporting is covered in the following sections.

As Corporate Governance Experts within the region, we know of no other directly relevant service offering that delivers direct, one to one, actionable Corporate Governance intelligence for Directors and the Board and its compliance with its mandatory KSA SAMA / CMA regulatory requirements.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

Please click the “Purchase Now” button opposite to Purchase this Service Offering.

How it Works – Tailoring the Governance Frameworks …

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Corporate Governance Assessment Service - Director Level Reporting …

The following Section covers the GRC Consulting Director Corporate Governance Assessment Service – Director Level Reporting.

Please click on each of the “Toggle Indicators” or Overview Headings to display or close the relevant Sub-Sections:

Assessment Service – Director Reports Provided …

Corporate Governance Assessment Service – Director Level Reporting …

We provide 4 levels of Reports for the Director Service Offering (“Director Reports Provided”):

  1. Category Reports:

The Category Reports take to account all Corporate Governance Items within a specific Category, which we reflect within a Corporate Governance Results Table, that includes individual Corporate Governance Assessment reporting item metrics and the Category’s total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Corporate Governance Items within the Category.

  1. Section Reports:

The Section Reports take to account all Corporate Governance Items within a Category’s Sub-section, which we reflect within a Corporate Governance Results Table, that includes that Sub-section’s individual Corporate Governance Assessment reporting item metrics and the  Category’s Sub-section total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Corporate Governance Items within the Category Sub-section.

  1. Special Reports:

Special Reports reflect specific areas of focus, whether combining across Category/Sub-sections, to highlight business aspects, governing body, corporate governance, standards, management or other aspects of importance.

  1. SAMA/CMA Reports:

These reports summarise at a line summary level the results in direct relation to their originating and respective SAMA/CMA Corporate Governance Framework reference, to enable correct identification of both the Corporate Governance item and its SAMA/CMA regulatory reference, and therefore results positioning and downstream work by SAMA/CMA regulatory reference.

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Director Reports Provided – Category Reports Illustration …

  1. Category Reports:

The Category Reports take to account all Corporate Governance Items within a specific Category, which we reflect within a Corporate Governance Results Table, that includes individual Corporate Governance Assessment reporting item metrics and the Category’s total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Corporate Governance Items within the Category, based upon Item “Total Score”.

The illustration, for an individual director, reflects separately the specific Category, which Category Report is produced across all Categories.

The Table below reflects the Heading of the specific Category in question, within a Header and Footer, in between which would be listed all of the respective governance Category Items, by “Ref #”.

In addition, the Table reflects the Basis of Voting results, by way of:

  • Evident
    • Evident Score
    • Evident Standard Deviation
  • Effective
    • Effective Score
    • Effective Standard Deviation
  • Total Score
    • Being the cumulative value of Evident and Effective scoring

The Footer reflects column-wise results and statistics/calculations, covering:

  • Total Score
  • Overall Average
  • Lowest Score
  • Highest Score

The Category Report illustration below, in which only a portion is reflected, is a single high-level page summary report that reflects the 6 GRC Consulting classification format of the Corporate Governance Framework Categories and respective Sub-Section total results, with accompanying Heat Map Graphs for each Category.

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Director Reports Provided – Section Reports Illustration …

  1. Section Reports:

The Section Reports take to account all Corporate Governance Items within a Category’s Sub-section, which we reflect within a Corporate Governance Results Table, that includes that Sub-section’s individual Corporate Governance Assessment reporting item metrics and the  Category’s Sub-section total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Corporate Governance Items within the Category Sub-section, based upon Item “Total Score”.

The illustration, for an individual director, reflects separately the specific Category and Sub-Section, which Section Report is produced across all Categories for all Sub-Sections.

The Table below reflects the Heading of the specific Category and its respective Sub-Section in question, within a Header and Footer, in between which would be listed all of the respective governance Category Items, by “Ref #”.

In addition, the Table reflects the Basis of Voting results, by way of:

  • Evident
    • Evident Score
    • Evident Standard Deviation
  • Effective
    • Effective Score
    • Effective Standard Deviation
  • Total Score
    • Being the cumulative value of Evident and Effective scoring

The Footer reflects column-wise results and statistics/calculations, covering:

  • Total Score
  • Overall Average
  • Lowest Score
  • Highest Score

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Director Reports Provided – Special Reports Illustration – Top 10 …

  1. Special Reports:

Special Reports reflect specific areas of focus, whether combining across Category/Sub-Sections, to highlight business aspects, governing body, corporate governance, standards, management or other aspects of importance.

The illustration, for an individual director, reflects separately the Special Report Topic, laid out in a similar fashion.

The Table below reflects the Heading of the Special Report in question, within a Header and Footer, in between which would be listed all of the respective governance Category Items, by “Ref #”.

In addition, the Table reflects the Basis of Voting results, by way of:

  • Evident
    • Evident Score
    • Evident Standard Deviation
  • Effective
    • Effective Score
    • Effective Standard Deviation
  • Total Score
    • Being the cumulative value of Evident and Effective scoring

The Footer reflects column-wise results and statistics/calculations, covering:

  • Total Score
  • Overall Average
  • Lowest Score
  • Highest Score

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Director Reports Provided – SAMA/CMA Reports Illustration …

  1. SAMA/CMA Reports:

These reports summarise at a line summary level the results in direct relation to their originating and respective SAMA/CMA Corporate Governance Framework references, to enable correct identification of the Corporate Governance item by its SAMA/CMA regulatory reference, and therefore results positioning and downstream work by SAMA/CMA regulatory reference.

In these high-level “single Traffic-Light System” line reports, we illustrate under the respective column “Assessment Scorings”, the:

  • Para No’s – Corresponding to respective SAMA/CMA Corporate Governance Frameworks
  •  Evident
    • Evident Score
    • Evident Standard Deviation
  •  Effective
    • Effective Score
    • Effective Standard Deviation
  • Total Score
      • Being the cumulative value of Evident and Effective scoring
         

The “Traffic-Light System” is colour-coded to show the respective basis of voting scoring and its related colour on the Heat Map Graphs for purposes of consistency and to aid visual evaluation of scoring results and outcomes, by SAMA/CMA regulatory reference.

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Corporate Governance Assessment Service - Board Level Reporting …

The following Section covers the GRC Consulting Director Corporate Governance Assessment Service – Board Level Reporting.

Please click on each of the “Toggle Indicators” or Overview Headings to display or close the relevant Sub-Sections:

Corporate Governance Assessment Service – Board Level Service Offerings …

The following graphic overview illustrates the 5 Service Levels offered by GRC Consulting through the Corporate Governance Assessment Service, addressing the SAMA/CMA regulated financial market within the Kingdom of Saudi Arabia:

Bronze Service

  1. Online board assessment.
  2. By Category Summary and by Category Graphs.
  3. Report of Top 10 + Bottom 10 assessment items.
  4. SAMA + CMA Governance Framework Assessment Compliance Map.

Silver Service

  1. Bronze Service +
  2. By Category Detailed Summary + Graphs.
  3. Each Sub-category Detailed Summary + Graph.
  4. Each Sub-category Detailed Voting Analysis + Graph.

Gold Service

  1. Silver Service +
  2. Board Action Plans and Reporting.
  3. Board and Director Governance Compliance Statements for Chairman and individual Director Signature / Records.

Platinum Service

  1. Gold Service +
  2. Onsite visit by Senior Partner level Governance professional
  3. 1 on 1 Director Interviews, detailed discussion and analysis.
  4. Comprehensive Board Corporate Governance Report and Action Plan.
  5. Board Presentation.

Diamond Service

  1. Platinum Service + 
  2. Full Audit / Review of the agreed Governance Framework with Reporting, Action Plan and Board Presentation.

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Board Reporting – Understanding the Differences …

Board Reporting differs from that of individual Directors, driven by the following Key factors:

Section and Factor

Driver Implication for Reporting

  1. Board of Directors

= Multiple Directors

Note:

1.C. and 1.D. are reflected in the “Detailed Analysis Report”, together with other detailed Corporate Governance Item information, which is only possible at a Board level. Please refer to the Section “Board Reports Provided” for a summary description.

1.A. Board Summaries – “Board Reports Provided“.

1.B. Individual Director Summaries. Section – “Director Reports Provided

1.C. Record of Voting Spreads by Director on each Competency.

1.D. Standard Deviation of Director Voting on each Competency.

1.E. Board Compliance Statement Sign-off by the Chairman of the Board and Individual Compliance Statements for each Director.

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Assessment Service – Board Reports Provided …

Corporate Governance Assessment Service – Board Level Reporting

We provide 7 levels of Reports for the Board Service Offering (“Board Reports Provided”):

  1. Category Reports:

The Category Reports take to account all Corporate Governance Items within a specific Category, which we reflect within a Corporate Governance Results Table, that includes individual Corporate Governance Assessment reporting item metrics and the Category’s total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Corporate Governance Items within the Category.

  1. Section Reports:

The Section Reports take to account all Corporate Governance Items within a Category’s Sub-section, which we reflect within a Corporate Governance Results Table, that includes that Sub-section’s individual Corporate Governance Assessment reporting item metrics and the  Category’s Sub-section total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Corporate Governance Items within the Category Sub-section.

  1. Special Reports:

Special Reports reflect specific areas of focus, whether combining across Category/Sub-sections, to highlight business aspects, governing body, corporate governance, standards, management or other aspects of importance.

  1. SAMA/CMA Reports:

These reports summarise at a line summary level the results in direct relation to their originating and respective SAMA/CMA Corporate Governance Framework reference, to enable correct identification of both the Corporate Governance item and its SAMA/CMA regulatory reference, and therefore results positioning and downstream work by SAMA/CMA regulatory reference.

5. Detailed Analysis Reports:

These reports summarise at an individual Corporate Governance Item level, all details pertaining to that item, including separate Evident and Effective Voting Spreads and Standard Deviations, together with a summary comparison analysis of the rating of the individual Corporate Governance Item, relative to the Average Category Statistics, the Corporate Governance Item narrative and individual Heat Map Graph.

6. Action Plan Reports:

These reports summarise, for selected and agreed upon Corporate Governance Items, their summary headline metrics, together with the Action Plans Components developed to address each item, including assessment of: Item Options or Steps for Remediation; Improvement Cost Estimate; Improvement Effectiveness; Improvement Benefit Analysis; Responsibility for Implementation; Timetable for Implementation; Responsible for Monitoring; Control Priority; as a basis for taking appropriate action.

‘7. Compliance Statement Reports:

These reports summarise those identified SAMA/CMA Personal Director Liability requirements mandated within the respective Corporate Governance Frameworks from each Regulator, averaged across all Directors for the Board and Chairman’s signature, with the equivalent Directors Compliance Statement reflecting respective Director scorings for their individual signatures.

Note: The 1. Category; 2. Section; 3. Special; and 4. SAMA/CMA; Reports for the Board reflect: A. The Board’s name; B. The average scoring submissions of all participating Directors. Report illustrations are not replicated here but may be viewed under the “Directors Reports Provided” Section, with these differences in mind.

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Board Reports Provided – A Tabular Analysis Across Service Levels …

“Board” refers to aggregated and averaged information across all Board Directors.

“Director” refers to individual response information from an individual Director and reported as such.

The “Green Circled Tick” is indicative of the Report being provided on a primary basis under the respective headings. The “Green Circled + Sign” is indicative of an “additive” Report under the respective headings, having already been a primary inclusion in a lower-level Service Offering.

Report Description

Board

Director

1. Category Reports.

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2. Section Reports.

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3. Special Reports.

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4. SAMA/CMA Reports.

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5. Detailed Analysis  Reports.

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6. Action Plan  Reports.

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7. Compliance Statement  Reports.

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Board Reports Provided – Detailed Analysis Reports Illustration …

5. Detailed Analysis Reports:

These reports summarise at an individual Corporate Governance Item level, all details pertaining to that item, including separate Evident and Effective Voting Spreads and Standard Deviations, together with a summary comparison analysis of the rating of the individual Corporate Governance Item, relative to the Average Category Statistics, the Corporate Governance Item narrative and individual Heat Map Graph.

5. Detailed Analysis Reports

Refer opposite for a selection of illustrated Item Graphs:

  • 1.1. Duties, Roles and Responsibilities
  • 1.2. Independence & Conflicts
  • 1.3. Actions & Conduct

Refer to the Graphic below that reflects the reports Detailed Analysis Report Component Descriptions.

 

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Board Reports Provided – Action Plan Reports Illustration …

6. Board Action Plans

We will provide or agree with you a Template Format to gather Board Governance Action Planning data for the Top High Priority Governance Improvement Items and or recommend from our prior Reporting, or agree with you, which Governance Improvement Items you wish to Action Plan, for electronic delivery to individual, specified or identified groups of Directors as appropriate. All Directors will have significant latitude to be responsible but also to view fellow Directors Plans, etc., prior to this step’s completion.

As Corporate Governance Experts within the region, we know of no other directly relevant service offering that delivers direct, one to one, actionable Corporate Governance intelligence for the Board and its Directors and your compliance with the mandatory KSA SAMA / CMA regulatory requirements.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

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Board Reports Provided – Compliance Statement Reports Illustration …

In addition to the Board Illustration Reports below, each individual Director is also provided with their Compliance Statement Report for respective signature.

7. Compliance Statement Reports.

The Board Governance Assessment Report, comprising:

Opposite:

  • The Section Pages
  • The Section combined Graph

Below:

Compliance Statement Signature Section for the Chairman of the Board.

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Corporate Governance Assessment Service – Platinum Service …

  1. Gold Service +
  2. Onsite visit by Senior Partner level Governance professional
  3. 1 on 1 Director Interviews, detailed discussion and analysis.
  4. Comprehensive Board Corporate Governance Report and Action Plan.
  5. Board Presentation.

1. The Platinum Service builds from the Gold Service as a prerequisite, ensuring that the best possible foundation of information is available, to then engage with the Board’s Directors.

2. Onsite visit by Senior Partner level Governance professional, including appropriate travel and accommodation arrangements.

3. Conduct 1 on 1 Director Interviews, through detailed discussion and analysis of Governance findings and key matters.

4. Finalise and ensure a Comprehensive Board Corporate Governance Report and Action Plan.

5. Deliver, as may be necessary, a Board Presentation to convey, discuss and advise the Board on the key findings as appropriate.

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Corporate Governance Assessment Service – Diamond Service …

  1. Platinum Service + 
  2. Full Audit / Review of the agreed Governance Framework with Reporting, Action Plan and Board Presentation.

1. The Diamond Service builds from the Platinum Service as a prerequisite, ensuring that the best possible foundation of information is available, to then engage with the Board to agreed exactly which components of the Board’s and or organisations Corporate Governance frameworks are to be considered for Full Audit/Review.

‘1.A. Review the Final Report of the Board’s Corporate Governance Report from the Platinum Service with the Board.

‘2.A. Engage with the Board to agree exactly which components of the Board’s and or the organisation’s Corporate Governance frameworks are to be considered for Full Audit/Review.

‘2.B. Finalise and ensure a Comprehensive Board Corporate Governance Report and Action Plan.

‘2.C.  Deliver, as may be necessary, a Board Presentation to convey, discuss and advise the Board on the key findings as appropriate.

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GRC Consulting - Corporate Governance Assessment Service
Value Overview, Next Steps and Process ...

The following Section covers the GRC Consulting – Corporate Governance Assessment Service Value Overview, Next Steps and Process.

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Your Benefits …

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

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Our Expertise …

GRC Consulting understands your concern and, importantly, your Corporate Governance exposure and the importance of improving performance.

We are Boardroom Leadership Corporate Governance experts.

We have a perfect, tailor-made digital solution to assist you.

Delivered electronically, no fuss, no pain, maximum gain.

Delivered in beautiful simplicity.

Simple to understand, Simple to Implement, and Simple to use.

Itemised Reporting tailored to you individually.

Graphical analysis and “heat maps” of your assessment results, identifying your priority action items.

A defensible document to help you plan, act, stay out of liability to exposure but importantly, improve your position, skills, knowledge, competence and Performance.

Provides you with a rated assessment of your position

under the Corporate Governance Regulated frameworks of SAMA and CMA.

An excellent road map for you to incorporate into your Director Development and Improvement Plan.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

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Our Solution …

We are providing a Unique Tailor-made Solution that delivers a

Director and Board Corporate Governance Assessment

DIRECTLY aligned to SAMA / CMA Regulations.

Our Solution - Director and Board Corporate Governance Assessment - Text - Cropped

Provides everything you need to show the Regulator on Corporate Governance and what you need to focus on to improve your Performance.

Provided by Boardroom Leadership Governance, Risk and Compliance Experts.

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Your Next Steps …

We are providing a Unique Tailor-made Solution that delivers a

Director and Board Corporate Governance Assessment

DIRECTLY aligned to SAMA / CMA Regulations

in beautiful simplicity.

 

Simple to understand, Simple to implement and Simple to use.

We are Boardroom Leadership Governance, Risk and Compliance Experts.

Want to work with us?

Contact us on our contact points.

Talk soon.

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The Process – Director Corporate Governance Assessment Service …

As Corporate Governance Experts within the region, we know of no other directly relevant service offering that delivers direct, one to one, actionable Corporate Governance intelligence for Directors and your compliance with the mandatory KSA SAMA / CMA regulatory requirements.

Simple to understand, Simple to implement and Simple to use.

Want to work with us?

Please click the “Purchase Now” button opposite to Purchase this Service Offering.

The Process – Board Corporate Governance Assessment Service …

As Corporate Governance Experts within the region, we know of no other directly relevant service offering that delivers direct, one to one, actionable Corporate Governance intelligence for the Board and its compliance with its mandatory KSA SAMA / CMA regulatory requirements.

Want to work with us?

Please click the “Purchase Now” button opposite to Purchase this Service Offering.

Corporate Governance Assessment Service – Process after Click and Purchased …

In more detail, for your comfort, the process map below outlines the overview step-by-step sequence of events,

from the time you have clicked on the link to purchase this service offering,

through to you receiving the Final Reports that provide you,

with your tailored and personal Plan to then take action.

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Please click the “Purchase Now” button opposite to Purchase this Service Offering.

Service Brochure ...

For your full understanding of our Governing Body and Director Competency Assessment Service Offerings, please access the following Service Brochure download.

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For your convenience, we have structured the Corporate Governance Assessment Service information on this page into the following major sections.

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Why Your Interest? – As a Director or Board …

Why Your Interest? – Our Approach …

Why Your Interest? – Driving Market Forces …

Why Your Interest? – Historical Assessment Problems …

Why Your Interest – Our Solution to Solving the Problem …

How to begin improving Governance and Performance …

Director and Board Corporate Governance Assessment – The Kingdom of Saudi Arabia …

GRC Consulting – Director and Board Corporate Governance Assessment Service …

Corporate Governance Assessment Service – Director Level Reporting …

Corporate Governance Assessment Service – Board Level Reporting …

GRC Consulting – Corporate Governance Assessment Service – Value Overview, Next Steps and Process …

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