Governance Stress Test
We Stress Test Governance Structures and Oversight for Effectiveness
Corporate governance issues lie at the heart of many of today’s legal and regulatory challenges.
And just like an organization audits its financials, a stress test of its governance structures, policies, and procedures can provide reassurance to directors, insurers, investors and other key stakeholders.
At H.S. Grace & Company, Inc. we bring a deep knowledge of, and extensive experience with, management and governance structures and processes. Our experts combine this macro understanding and industry expertise with an analysis of the organization and its primary activities to provide solid advice.
Our experts can examine your governance structure and programs for effectiveness and identify any weak points before problems arise.
Identifying Structural Weaknesses
- Is your decision-making structure adequate for your organization?
- Is the structure and function of your organizational leadership appropriate?
- Are the roles and responsibilities of the directly and indirectly involved parties properly defined?
- How does the management-board interface function, both internally and externally?
- Are the appropriate checks and balances in place for the board, and among the board, management and other decision-makers?
Evaluating Governance Oversight
Using the HSG Strategy-Plan-Operate-Control Cycle© Model we evaluate:
- The intersection of governance and management within the firm, and the oversight processes in place
- The board’s and management’s roles in governance; the board’s role in management, both directly and indirectly, and whether the necessary oversight has been put into place
- The roles and responsibilities of the board, board committees, and management
- The existing checks and balances as well as the transparency embedded in the governance structure
Governance Stress Testing Benefits
- Improves board and management governance and oversight
- Enhances the company’s profile among institutional investors, activists, insurance underwriters, etc.
- Arms the firm with robust defenses against potential future litigation
- Provides a roadmap for legal strategies for current litigation
- Pinpoints areas for operational improvements and efficiencies
- Positions the firm to become a leader in effective corporate governance
The HSG Advantage
While many management firms will say they can conduct a governance audit, the real HSG advantage is our ability to analyze and interpret the findings to deliver useful and actionable recommendations. Our team is unique in the depth of our real-world, “been there, done that” experience as senior managers and board members, further honed by our work unraveling the intricacies of business conduct in more than 150 cases of complex litigation where governance was often the heart of the issues.
Let’s Work Together
Our specialized business knowledge can help address your governance issues and challenges.