Whilst an effective governance framework is critical, this is nevertheless the floor and not the ceiling of an optimum board performance program. At Blackhall & Pearl, we combine comprehensive compliance measures with innovative behavioural factors that enhance the performance of the Board as a team and the value of each Director’s contribution.
This helps our Board clients move from a boardroom culture of conformance to performance.
When traditional ‘technical’ conformance factors are combined with appropriate ‘cultural’ factors (see Performance Factors), there is a tangible and measurable opportunity to achieve a standard of optimum board performance.
Technical or conformance related factors essentially function as lagging indicators in a board review process. These factors continue to be useful and provide an understanding of how the Board is performing at the present time and encompass: