Did Covid catch your business off-guard? Was it an unpleasant reminder of the fact that we live in a VUCA world? Or was it the sort of risk that was already on your radar? Were you, in fact, quick to identify it as an opportunity? Or did you just find yourself in fire-fighting mode?
Your answers to these questions may indicate the level of your board’s governance maturity. The more mature, the easier it will have been rising to the challenge.
The language of governance can sometimes seem a little remote to the average business, something just for academics, institutes, quoted companies and the occasional newspaper headline. But nothing could be further from the truth. If your board thoroughly understands the principles of governance, is aware of best practice, is up-to-speed with the latest developments, and is wholly united in its approach to strategy, risk and control then all should be well. If not, just how confident should you really be about your future?
For a no-obligation discussion about running this programme for your organisation on an in-house basis, just give us a call on 01582 463465.