Solomon365 BoardPractices 20110721
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The Solomon365 platform is a technology-based resource that equips leaders to clarify, simplify and master the most complex aspects of board and risk governance. The BoardPractices module maximizes board impact by clarifying practices, roles and processes.
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- 2. What Problems Does it Solve? • Inefficient board processes (agenda, roles, mechanics) limit productivity • Board’s limited risk aptitude is becoming a liability • Board lacks confidence in the info it receives • Blurred roles between board and management create gaps/overlaps • Management wrestles with "effort in" versus "value out" relative to board meetings and prep
- 3. How it Works • Equips organizations with the tools to clarify board practices, roles and processes • Guides teams through a straightforward, 5-step process--from assessment to prioritization and continuous improvement • Provides options and practical how-to guidance for creating custom improvement plans • Offers tailored roadmaps and action plans (with timelines, assignments and metrics) to drive progress and outcomes • Features 24/7 dashboard reporting to help senior leaders and board track progress and results
- 4. Why You Should Care • Vulnerabilities – legal, financial, market, operational – are mounting for boards and companies • Critical need exists for fresh thinking at the board level • Risk aspects of growth opportunities receive nominal time and attention • “Tyranny of the urgent” distracts board from core responsibilities • Stakeholder expectations are steadily increasing
- 5. What You Can Expect • A board that’s more objective, informed, equipped, aligned and engaged • Increased board productivity • Greater confidence in the information received—at both board and management levels • A risk-savvy board and decision- making processes • A board that’s delivering new value to the company and its stakeholders
- 6. Take the Next Step Two options: • Call 952.641.3009 for more information or to schedule a system demonstration • Fill out the “To Learn More” form
- 7. ©2011 Integrated Governance Solutions, LLC. All rights reserved.
Editor's Notes
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