A high-performing, purposeful board can do more than just guide the ship — it can raise the tide.
Even the most well-functioning boards perform well below their potential. They invest in financial oversight, M&A and risk management but often underinvest in leadership and succession planning. Often, uncomfortable questions aren’t asked soon enough, diversity is not harnessed into diverse ideas and perspective, and they wait too long to establish a disciplined process for succession management.
Based on extensive research, ghSMART has found that successful boards demonstrate competencies that lead to three, distinct outcomes that produce results: the right Priorities, the right Who (people), and the right Relationships (PWR).
Our PWR model leverages this insight to help boards, committees, and their directors operate at their full potential by accelerating value creation and minimizing risk. Boards trust us to align priorities to unlock potential, clarify roles, identify needed capabilities and enhance working relationships as a board and with the management team.
Our solution includes a rigorous and objective board of directors assessment and feedback process to build and sustain high-performance — both for individual directors and the board as a whole.
We will deliver compositional and strategic recommendations to drive real and constructive change. We’ll help you clarify desired outcomes for key roles, design a robust succession planning process, focus on the right risks, identify value drivers and create trust and transparency between the board and CEO.
To sustain your high-performing board, we’ll align on competencies to screen new directors, creating a purposeful path forward — one aligned with company strategy and aimed at value creation.