Consultancy in Corporate Governance
Why ? Changing landscape
In the VUCA world, the Chief Executive Officer (CEO) is facing its shareholders, but must accept the gaze of other emerging stakeholders.
The influence of political, technological and ecological actors having a right of oversight over the actions carried out by the company in its ecosystem and the corporate social responsibility are growing from day to day.
The governance structure must be sized according to the strategic challenges of the company and its traditional economic partners (employees, customers, suppliers, distributors) and its more indirect partners such as the financial and ecological community, the media, etc.
Establishing a strong governance structure can help you to:
- Attract investors
- Save time and money
- Make risk management decision-making more effective
- Avoid typical pitfalls
- Add strategic and financial value to the management team and the company
Effective governance is aligned with the corporate mission, strategy, structure, culture
| Start-up | Scale-up | Company |
|---|---|---|
| Informal governance Strategy committee | Advisory Board of Directors Investor governance | Family council Legal Board of Directors |
| Market acceptance | Market penetration | Market dominance |
| Cooperation | Coopetition | Competition |
| Radical innovation | Stabilisation | Marginal improvement |
| Agility, pivot | Determination, persistence | Industrialize processes, reduce risks |
| Technology/clinical focus | Focused on sales and marketing | Focused on marketing and sales |
| Focused on product indicators | Focused on market indicators | Focused on financial indicators |
| Rapid growth, Keep cash flowing | Accelerated dynamic Beat the competition | Dragging dynamics |
| Loss of liquidity (equity) | Cash absorption (debt/equity) | Cash flow generation |
| Lack of resources | Lack of experience | Resources available |
| Everyone aware of everything | Growth crisis | Horizontal and vertical silos |
The right governance is a key success factor regardless of the size, business line and nature of your organization. It enables you to achieve your financial, strategic and operational objectives by touching on all the processes, practices and structures established by your company. When business models change, the objectives are not the same as before.
It is therefore in your best interest to take a proactive approach to governance and regularly validate the skills match plan within the board and the more diverse and inclusive leadership. Diversity involves many aspects: age, gender, origin, culture, social environment, experiences, etc.
Diversity is important to generate productive debates around the table and for the organization to respond to environmental, social and governance (ESG) and (T) technological issues (cyber security, AI etc.).
The formula for good governance can be summarized in
P (profitability) = ESG &T
Even the smallest companies should use external administrators to obtain complementary skills, especially in terms of technology. They bring an outside perspective and new ideas: in a way, they shake up the organization and help it innovate.
Our services
- Audit of the alignment of your governance structure with the corporate strategy
- Board creation according to the size and challenges of the company
- Implementation of good governance principles and new procedures including digital tools to optimize risk monitoring
- Board Performance Assessment
Our team
We collaborate with Centres of Expertise like Insead IDN International Directors Network, ECGI The European Corporate Governance Institute and EcoDa the European voice of Board Directors, the UK Corporate Governance Institute.
We also have access to a pool of certified and qualified administrators in all areas of audit, human resources, sustainability, innovation and emerging technologies.