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.
2. The Three Dimensions of Sound Governance
Management Roles Advisory Roles
(Leadership and Results) (Policies and Oversight)
Monitoring Roles
(Assessment and Monitoring)
3. 10 Challenges Facing Leaders Today
1. Lack of role clarity (board, committees)
Overlaps, gaps and confusion
2. Information overload
Distractions from core responsibilities
3. Lack of healthy, robust debate
Compromised decision-making process
4. Continually-expanding board agenda
Inability to address critical topics
5. Board/management culture issues
Diminished productivity, compromised outcomes
6. Inconsistent process for board reporting
Management is burdened and the board lacks confidence in
the information it receives
7. Siloed information channels
No cohesive view of organizational health and issues
8. Incomplete risk picture
Less tangible but equally critical risks overlooked
9. Lagging risk competencies
Increased exposure and liability
10. Risk is predominantly focused on the downside
Missed opportunities to create new value
4. Diagnostic Process Gives Understanding of Current State
Better Understand Your Current State
Diagnostics
“Maximizing Board Impact” “Increasing Risk Intelligence”
• Valuable thinking tool for leaders
Reports responsible for governance
• Baseline measurement of current state
• Peer benchmark comparison data
Guided Assessments Self-Administered Assessments
• Guided process for selected equipping modules • Self-administered process with basic training
• Equipping you for self-administration • Full access to robust equipping system
• Includes 12 months full access to robust equipping system – Additional board and risk modules
– Additional board and risk modules – Roadmaps for continuous improvement
– Roadmaps for continuous improvement – Knowledgebase of valuable
– Knowledgebase of valuable tools/templates/ideas tools/templates/ideas
5. How It Works
• Helps leaders clarify, simplify and master the
most complex aspects of board and risk
governance
• Equips organizations with the tools to
improve – rather than needing to rely on
consultants
• Provides easy-to-use, 24/7 access, user
friendly technology platform with dashboard
reporting to track progress and outcomes
• Translates board and risk governance
principles into actionable practices in concise,
straightforward 5-step process
• Integrates board and risk thinking into
comprehensive family of six modules
6. What You Can Expect
• Greater confidence: Board and management
partner to both create and protect enterprise value
• Tighter focus: Board and committees devote their
time and attention to the right issues at the right
level of detail
• Clearer roles: Management, board and its
committees are fully aligned and clear on all roles
• Integrated perspective: Monitoring functions
present a unified view of organizational health
• Enhanced trust: Board, management and
stakeholders strengthen their relationships
internally and externally
• Enduring approach: Board and risk governance is
coordinated and standardized throughout the
organization over time