M&BD © Governance Audit

Facilitate and clarify decision making powers

Conflicts and stalemates may arise at the highest levels of your company. Shareholders, Board of Directors, Executive Management; who decides what and how? Decision making can be unclear and difficult.

The nature of governance is the principles that ensure a balance between direction and control while preserving the decision making capacity and effectiveness of the governing bodies.

Our audit enables you to identify any dysfunction and possible areas for improvement. This is the starting point for adopting the right principles to improve the functioning of your company's decision making bodies.

Family businesses

For family businesses, establishing and respecting governance principles is fundamental. But, all too often, family matters and business matters get mixed up... and this leads to tensions and disagreements which have negative consequences on decision making processes.

Family council, family pact, business transfer: our audit enables to analyse and identify possible improvements of governance.

What does the analysis cover?

More than 60 analysis points to assess the application of governance principles in your company, including

• the roles and responsibilities of the decision-making bodies and its members (Shareholders, Board of Directors, Management)
• the definition and constitution of decision-making bodies
• the organizational structure of the decision-making bodies
• governance rules and principles applied
• decision-making and sign off processes, methods and tasks
• the coordination mechanisms

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Steps

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Benefits

• An overview of the current situation
• Recommendations for concrete action
• A clearly defined methodology
• The starting point for all decision-making

What next?

Having a good diagnosis leads to more effective solutions.

This first phase identifies the main areas for improvement and establishes the actions to take in order to strengthen the company's governance.

This is the starting point for implementing solutions.

Should a new governance model be designed? Should sign-off processes be reviewed? We help you find the answers and initiate appropriate actions.