An effective board and well-functioning corporate governance structure is a crucial element to safeguarding your business and is the foundation on which sustainable long-term success can be built. A regular external assessment of the effectiveness of your board is an excellent way of adding value to the organization and ensuring effective decision-making at the top of the organization.
Deloitte has considerable experience working with boards and board-level committees, ranging from family-owned and privately held organizations, to listed and regulated organizations. Deloitte’s custom built board effectiveness assessment tool integrates all phases of the assessment process, and is tailored to your specific organizational structure, allowing for an assessment that is proportionate to the complexity of your business
Effectiveness is more than structures and processes. It is also about the dynamics and behaviors of the individuals that comprise the board and its committees. Deloitte’s Global Board Governance Framework focuses on how the board discharges its key roles and enablers that support the board in fulfilling its responsibilities. The Framework forms the foundation of Deloitte’s Board Effectiveness Assessment methodology—allowing for customization based on the circumstances of your specific company’s governance structure.
If you’re interested in learning how we can assist your board, contact us at DTTLGlobalCenterforCorporateGovernance@deloitte.com or visit www.global.corpgov.deloitte.com for more information.