Board Effectiveness Review
As the PRA and FCA transition to “Outcomes Based Regulation”, understanding if your Board is travelling the same journey is increasingly important. If not, then you run the risk of operating your business on a basis no longer appropriate to this evolving regulatory approach. Central to meeting their new philosophy is aligning the culture and values of the Board to the outcomes the business must achieve.
We have a deep understanding of the opportunities and challenges faced by firms in the Friendly Society, Credit Union, Mutual Insurance and Building Society sectors. A board review must recognise the importance of Members and how all governance effort must aim to improve their outcomes. Our board reviews consider all aspects of how a Board is operating and make clear recommendations to optimise culture and governance performance. A high performing board is always beneficial to member interests.
In the Mutual sector, value for money is essential and our pricing policy recognises this. If you would like to discuss a Board Review with us then get in touch for a free consultation.