Board Practice
Consultants in this practice:
Peter Burdekin
Head of Industrial Practice
Awni Nemer
CEO
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The Board Practice brings together our most Senior Partners, who work with Boards to appoint Non-Executive Directors and evaluate Board effectiveness. We offer the following services to support our clients:
NON- EXECUTIVE DIRECTOR SEARCH
In today’s turbulent times, the effectiveness of Boards is paramount in order to gain competitive advantage. In addition, with governance and diversity becoming increasingly important, the challenge is to attract candidates who are both qualified to serve on public company boards and able to bring skills and experience that add value in different ways.
The Partners of McArthur Murray’ Board Practice, through their many years of experience operating at Board-level, have developed extensive networks and contacts that enable them to identify candidates who meet the new diversity criteria, as well as experienced Board members.
BOARD EFFECTIVENESS
Diverse board membership and adherence to governance guidelines is not enough to ensure superior Board performance. Board processes and the quality of relationships between Directors are also key factors. We have developed a robust model for gathering data to evaluate Board effectiveness and to form a solid basis for planning systematic Board development initiatives.
The underlying methodology relies on in-depth discussions with each Director to gain their input on a series of topics that have been identified as critical to Board effectiveness. This is a challenging process and provides a thorough review of the most important issues. It adds significantly more value than the ‘tick box’ approach which satisfies governance requirements, but does not impact the way the Board actually functions. The resulting review is supported by specific recommendations that can help the Chair improve the performance of the Board.