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.
Vice President of finance EMEA, Araba Inc.