|
- BAS provides professional services for management and directors to
effectively and efficiently manage their responsibility to shareholders,
regulators and the market
- BAS offers a package of services that support management and directors
validate, verify and perform due diligence over corporate matters, transactions
and performance
- BAS offers products that assist employees, shareholders, customers
and suppliers communicate issues effectively, efficiently and anonymously
- BAS supports the most current interpretation of regulatory and governance
issues.
- Management and the Board’s necessary response
- Define a process that works for your board and the management
team
- Establish a culture of openness and fact-based/metric-based management
- Insure effective communication of strategic direction, core values,
and expected results
- Provide a means for employees, customers, vendors and investors
to communicate issues to the board
- Maintain focus on improving shareholder value
- Review and mold the board process (attitudinal and behavioral segmentation)
- Drives meaningful business and process decisions (what to keep,
build, buy or eliminate)
- Aligns and right-costs your operations and service model
- Arms you with the facts (e.g., how to insure your are current, in
compliance, being effective and minimizing your risk)
- Management style will form a critical element of success
- Sets and solidifies culture based on direction, pace, and scope
of change
- There is no single “right” way – there are “right”
outcomes
- Awareness, Intelligence, Focus…
- Effective corporate governance is a proactive, focused state of mind
on the part of directors, the CEO, and senior management
- Committed to business success through the highest standards of responsibility
and ethics
- Far more than a “check-the-box” list of minimum board
and management policies and duties
- A governance structure is a working system for principled goal-setting,
effective decision-making, and appropriate monitoring of compliance
and performance providing enduring value to the shareholders who invest
in the enterprise
|
|