The Corporate Governance Audit

This process is a comprehensive audit of board governance processes. It includes:

Identify the quality of information board members get and the information gaps they see regarding vision, and strategy (and its implementation).
Identify missing or weak areas of information that enable boards to govern better.
Assess the effectiveness of Board process.
Assess board members' perceptions of changing board roles and risk factors.

The results of the audit enable the board to:

Identify informational "blind spots" that create risk for the board
Rebalance information to the board across information topics, including leading/lagging indicators of organizational success. Metrus has identified 15 key areas of information that are typically important to board success.
Launch initiatives to improve information (e.g., a board scorecard, and/or information initiatives on specific topics such as corporate ethics, consumer integrity, labor relations and fair treatment, or environmental issues) Develop more efficient and effective board processes and team-based management practices.
Actively track key stakeholders of the business—employees, customers, suppliers, regulatory groups--to ensure there are no surprises
Describe (and develop if needed) a set of ongoing governance measures to track board, leadership, and organizational effectiveness