Shift your thinking from merely meeting legal requirements to improving the strategic decision-making process. Having an engaged board with clear roles and responsibilities drives business results. For example, fraud hits construction hard, with nearly $250,000 in losses per case, according to data from the Association of Certified Fraud Examiners. Having independent oversight as well as strict audit and controls can help mitigate losses. Safety is another area where the board can create real results in the field. In 2023, 20% of U.S. worker fatalities were in construction, and having a board-led safety governance drives culture.
We’ll help you build robust tools and expanded resources to fuel business growth and continuity through enhanced governance. Our corporate governance consulting teams focus on:
Governance Structure
- Clarify and differentiate the respective decision-making responsibilities of business owner(s), board of directors and management.
- Provide guidance to legal counsel in revising key governing documents.
Board Creation
- Design and launch strategic boards that leverage independent, outside members.
- Determine the type of board, whether advisory or fiduciary, that best supports organizational objectives.
- Identify the leadership structure of the board relative to the chair, CEO and lead independent director.
- Develop the collective profile of desired outside board members.
- Search and select qualified candidates to fill board seats.
- Oversee onboarding and board launch activities.
Board Performance
- Evaluate a board’s current efficacy, identifying opportunities to enhance its performance.
- Partner with businesses to implement tools that improve board output.
- Train directors and boards in best-of-class governance practices.
- Coach and advise business leaders on how to run effective board meetings as well as create clear definitions on the roles and responsibilities of the board and executives.
