Governance and Executive management structure definition
Re-definition of the executive management structure and governance processes for a large Chemicals company
Challenge:
Client wanted a new Governance and Executive Management structure to support effective, efficient decision making by the right forums and to ensure control and compliance procedures were in place
PwC's solution:
We supported the client by:
Conducting interviews and workshops with key management team members at the Corporate and Division level
Reviewing relevant documents and reports
Carrying out analysis of data including current and future time estimation
Conducting benchmarking against other companies
Impact:
Fully defined executive management structure including:
Split of responsibility between Corporate and the Divisions
Defined roles and responsibilities of management forums
Defined Executive management calendar and agenda
Aligned and relevant Management Information and BoD reporting