Strategy Services - Board of Directors and Corporate Governance

Regardless of the type or size of your organization, building strategic board capabilities is essential. You need a board of directors that ensures regulatory compliance, boosts customer and investor confidence, and fosters long-term success.

In addition to representing stakeholder interests, the role of board members is to help your organization grow effectively while reducing risk.

Corporate scandals and government regulations have prompted organizations to rethink the makeup of their board. Staffing choices now involve strategic considerations based on capabilities and competencies.

How we can help
The experienced professionals at RSM McGladrey help add value to your organization by building board capabilities. Using our proven diagnostic tools, we work with you to define roles and responsibilities, create competency-based board assignments,and facilitate a climate of trust, accountability and communication. Specifically,our diagnostic reviews address:

Role of the board,individual members and management relative to governance
Principles of governance
Board and committee structure and processes
Role of the board in managing risks
Board member orientation and education
Communication and information protocols
Ongoing board, committee and individual board member evaluation
Board and management interaction

We also assist the board in these critical functions:

Working with management to prepare a strategic plan
Developing a director and executive compensation strategy
Establishing audit and finance committee processes
Conducting CEO evaluations and managing CEO succession
Compliance with provisions of legislation
Recruiting and assessing board candidates
Developing a climate of fiscal accountability
There are several benefits to building board capabilities, including:
Ongoing board review process
Focused board oversight and accountability
Improved use of board capabilities
Established protocols to manage risk and monitor the integrity of financial reports
Enhanced board member competencies
Improved confidence of stakeholders
Proven approaches to execute board roles, including fiscal oversight and succession

Why RSM McGladrey
Our skilled consultants are experienced in dealing with a wide variety of organizations, situations and personalities. As business advisors, we facilitate positive discussion and planning that involves all stakeholders in your business.