1. Good corporate governance makes good business sense
Steve Hill
Chartered Director, Managing Director at Systems Engineering and Assessment Ltd. Bristol
Is your board fit for business?
Wednesday 22 May 2013
100 Victoria Street
Bristol

2. What is Corporate Governance?
“Corporate Governance is about how companies are directed & controlled”
Increasing focus since problems in 90’s
The Board – must ensure the interests of shareholders and stakeholders are fulfilled by the organisation
Leadership
Monitoring & Control
Senior executives
Audit

3. Leadership The board must:
Ensure the business has a realistic and clear strategy
Has a business plan which describes how the strategy will be delivered
Has budgets which will enable the success of the strategy to be measured

4. Monitoring and Control
The board must:
Ensure the business has a process for measuring its performance
Review the business performance
Business Plan
Budgets
Customer feedback
Ensure corrective action is taken were required
Challenge effectiveness of measures

5. Senior Executives The board must:
Select, set the compensation off and monitor all key executives
Align remuneration of the senior executives with the interest of the company and shareholders

6. Audit
The board must:
Ensure the financial integrity of the businesses financial reports
Ensure that delegations are followed
Ensure business complies with legal obligations

7. Is your board fit for business?
Wednesday 22 May 2013
100 Victoria Street
Bristol