High-functioning Boards are successfully running the extra mile. They are representative and diverse, not only in terms of demographic statistics, but also in terms of characteristics (diversity of 'thought').
Their Independent Directors are integrated in a way that has risen beyond statutory nors to new levels of advisory excellence. They are not only fit for today, but justifiably confident in their succession for tomorrow. Their Nominations Committees have widened their scope: from preserving a traditional inner circle of familiar candidates, to acting as an expert and objective human capital interface. One that also has a firm grip on technology and innovation.
Yet the reality for most Boards is different.
As organisations reconfigure for growth and globalisation, many are facing serious governance questions for the first time. Their task is complicated by regulatory developments whose pace and form differs by geography, ownership type, listed status and, in some countries, sector. Further dilemmas surround the transfer of leadership from family or founding members to external professionals, or structural tensions pitching centralisation versus decentralisation.
Yet, despite unevenness, the underlying trend in global governance legislation is ticking up towards new and better standards, as national regulatory bodies look to the global picture for learning and synchronicity.
As such, the transformative opportunities for Boards have never been greater. All the more so, if they benefit from robust external advisorship.
As an executive search firm, we at Amrop Carmichael Fisher works to assure the design and implementation of diverse, forward looking and connected Boards. We act as Trusted Advisor to the Executive, Supervisory and Advisory Boards of dynamic organisations all over the world, across a spectrum of industries.
Amrop Carmichael Fisher's global Board Services Practice works along three interconnected lines:
For organisations on a steep growth and globalisation curve, Amrop Carmichael Fisher helps ensure that their Board composition strikes the all-important balance between representativeness and leanness. That it does not only account for current governance frameworks, but looks forward to global governance trends.
In addition to optimising existing Boards, Amrop Carmichael Fisher, helps start-up organisations to set up Boards that fit their core business and aims and are compliant with governance standards.
After surveying a global population of Board members to better understand their approach to decision making and the potential effects on performance, Amrop Carmichael Fisher is excited to be launching Amrop Board Outlook to help our clients make better informed decisions relating to their Boards.
The Board Outlook Platform delivers dramatically better Board reviews and contains solutions for organisations of all scales, whether you’re looking to satisfy regulatory and governance requirements, support Board renewal or improve performance.
Board Outlook is a next generation toolkit for Board performance, covering: