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The corporate boardroom is being re-engineered in the wake of the financial crisis and the new regulatory environment. There is a growing movement by stakeholders demanding that boards become more active, take more responsibility and accept more accountability for the overall governance and sustained performance of the corporation.
In addition, regulatory bodies such as the SEC have now officially joined the call for increased board responsibility and are now requiring disclosure on company practices which include executive compensation, qualifications of board members and acknowledgement of diversity as essential to effective board functioning.
The toughest challenge of all is to have the wisdom, courage and diplomacy to make the appropriate changes that meet the expectations of shareholders, employees and the financial community alike.
Nvestcom provides advice and counsel to take a fresh look at how a board is operating and to improve its effectiveness as the legal overseer of the corporation. Intervention is with lead directors, board chairmen, committee chairmen and CEOs to proactively address board effectiveness, board leadership development, management development and strategy, and shareholder relations.
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Practices
Best practices ...more Assessing board effectiveness in monitoring and driving the organization’s strategy Compliance with new SEC rules ...more Ensuring the board’s responsibilities and the organization’s proxy incorporate the latest regulatory disclosures (executive compensation, diversity practices, experience, skills and background of directors and nominees, etc.). Overall board assessment ...more Examining board structure and composition, committees and tenures, how meetings are conducted, reporting processes and relationship with management. Individual director assessment ...moreAssessing skills, expertise, commitment, and participation Risk assessment ...more Determining if and how the board can effectively deal with risks inherent in the company’s operations.

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