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Dec 2016

How to improve your board’s effectiveness: three tools for risk and strategy governance

A high-performing board is one that adds value to the organisation by achieving a full package of responsible activities.

Particular areas where organisations and their boards need to focus on are:

  • improving strategy and risk oversight
  • helping boards to challenge more effectively and constructively
  • ensuring a strong, value-adding relationship between the board and management.

We present three tools that can help organisations and their boards to address these issues effectively. 

1. CIMA Strategic Scorecard®
2. Tomorrow’s Company The Board Mandate
3. AICPA Risk Governance Tool for Strategic Oversight.

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The best CFO's will successfully strike a balance between having a robust strategic relationship with their business that is based on hard-earned trust and respect, while maintaining the objectivity, independence and fiduciary stewardship required of them by the stakeholders of the business.

Mark Lukienski Vice President of finance EMEA, Araba Inc.

CGMA Resources

Browse the full range of Thought Leadership resources here.
 

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