Governance

In today’s environment, businesses are under real pressure from external sources which constitute unusual business risks. Stakeholders expect boards to guide the organisation through these storms and to do so in a responsible and professional way. Beyond deciding on survival strategies, Boards need to ensure that the way in which they direct and control the organisation supports their stated strategies. The time to demonstrate good governance is now, not just as a compliance exercise, but simply to ensure that the organisation is ready to face the roughest weather.

If this is your situation: you want to:

• build your Board for business growth and transformation
• address issues of Board or company culture
• create a remuneration committee and have it functioning along best practice standards
• optimize the functioning of your audit committee or risk committee
• reduce the risks associated with shareholder activism interfering with your strategy by proactively identifying and addressing potential governance concerns
• benchmark your governance disclosures and raise their quality
• improve stakeholder and regulator relationships
• optimize your ownership structure in view of e.g. business continuity or succession
• improve Board level risk oversight
• optimize the stream of information and materials on which your Board relies to discuss and decide
• provide your Board with clear dashboards, accurately reflecting your business model, its key performance drivers and key risks and controls
• simplify or optimise the legal structure of your business
• ensure that the boards of your subsidiaries are adding value and are adequately connected to the parent company board
• in general : raise the effectiveness and efficiency of your Board meetings and Board functioning

How PwC can help you

PricewaterhouseCoopers (PwC) works with the chairman of the Board, with Board members and their support staff or with executive management to significantly raise Board performance. We cover all areas related to the Board itself such as its composition and dynamics, the processes and procedures that underpin efficient functioning of the Board and its committees. And beyond that, we help you with the substance of your Board’s work : understanding the business model, building board risk oversight, manage the flow of information and board materials to help your board having focused discussions and efficient debate, ensuring that your disclosures respond to stakeholders’ expectations and potential concerns. Our experienced professionals translate generic principles of good governance into practical, hands-on advice. Not just to improve Board performance, but to build Board excellence.