Strong corporate governance is the essential foundation for the success of any community service organisation. Our approach across the following services, is to work with you to ensure that we fully understand your organisation and can leave with you solutions that creating a lasting impact:
Outside of the fiduciary duties of Board Members the most crucial element is the effective recruitment of Board Members based on a predetermined and well-considered skills matrix.
ANSON has over 20 years’ experience working with Boards and recruiting Board Members across the community and NFP environment. To date we have recruited and placed over 4,000 roles within the sector. We’ve found that the composition of any Board is crucial to the health and vibrancy of the organisation. ANSON can assist in developing a skills matrix to ensure you recruit the right Board Members based on the skills, candidate values and experience that fit with what your organisation really need.
Assessing the effectiveness of your Board is as important as measuring your organisation’s financial and operational effectiveness.
Whilst we understand Boards don’t get involved in the operational elements of the business on a day-to-day basis, they do play a vital role in guiding the strategic direction of the organisation. How effective the Board is at guiding the business and providing leadership to the CEO, is what we measure in terms of effectiveness.
Some of the ways that ANSON assess Board effectiveness include:
- Director interviews
- Executive interviews
- Impact assessment
Measuring organisational performance as it relates to the effectiveness of the Board is a crucial element of good corporate governance. ANSON can work with your Board to address how the Board’s composition and approach, directly affects the performance of the organisation.
With community organisations and NFPs being asked to do more with less the role of a Board – especially given that they are generally spending tax payers money – has never been so important. Performance therefore is everything.
ANSON has often worked with Boards to highlight just how crucial it is for Board Members to actively work more broadly throughout the community in the interests of the organisation. In our view, the engagement piece of stakeholder relations, relates directly to the recruitment of Board members who offer this level of value. Actively engaging with policy makers, corporate leaders, stakeholders like vendors, sponsors and of course clients and their families, is a crucial part of being an active Board Member. There are a number of ways ANSON can support you to ensure that you are maximising the efforts of stakeholder engagement, and if necessary provide training and guidance for the mechanisms that will fit for your organisation.
Boards are responsible for the development, drafting and adherence to the organisation’s constitution. At ANSON we believe the constitution should be a living breathing document that is relevant, modern and respected not only by the Board, but by the entire organisation.
Did you know that the majority of organisations that we commence work with, haven’t even shared their Board constitution with their employees?
Constitutions don’t need to be dry. They certainly set the grounds rules and yet, can also be aspirational. If you need support wading through a process of revisiting your constitution, then ANSON would love to help.
A Board Charter is characterised as a written policy document that clearly sets out the respective roles, responsibilities and authorities of the Board of Directors (both individually and collectively) and the management of the organisation. A Board Charter would address such things as, but not limited to, the following:
- Committees and committee structures and their objectives, for example;
- Finance committee – financial oversight and audit obligations.
- Risk committee – setting and monitoring the organisations risk and compliance profile.
- Capital works committee – a committee put together to address capital expenditure, building designs, assess tenders and quotations.
- Board delegations and associated authorities, for example;
- Bank signatories.
- Legal sign off procedures.
- Decision making.
- Funding and grant approvals.
- Organisational culture, for example;
- Approving the Company’s Code of Conduct.
Clearly there is so much more to a Board Charter. If you’d like to explore or review the processes associated with developing a Board Charter, then please reach out to ANSON.
Statutory Obligations & Training
ANSON engage with Boards across all areas of Board Governance and a great additional service is in providing community and NFP Boards with high level advice and training on their statutory obligations.
Legislation changes and the role of Board Members, under key legislative instruments, should be taken seriously. We recommend training be provided to Board members at regular intervals such as following the completion of a new recruitment phase, or a half Board rotation or following a series of new appointments. It is important that everyone is familiar with the relevant legislative requirements and responsibilities of their roles. We offer a range of training courses to suit the needs of an organisation at various touchpoints of a Boards life cycle. We are also able to tailor our training to align to bridge any identified gaps from your skill matrix or design Board member inductions around your needs . Understanding that time is a precious commodity, our courses often lasts no longer than two hours and is a perfect opportunity to start fresh and ensure everyone is in agreeance on their position, responsibilities and commitment to the laws that govern their appointment.
RISK & COMPLIANCE
ANSON’s 20 years of experience within the community and NFP space has meant we’ve learnt a lot about risk and risk frameworks: what works and what frameworks ultimately end up providing you with challenges.
Risk and compliance are without a doubt the two big-ticket items that organisations, who secure significant funding from government, must implement, control and monitor.
If you are a smaller organisation struggling to develop a risk framework, then reach out to ANSON. We appreciate that larger organisations directly resource this area of their business with fixed assets and yet, many smaller organisations find it hard to keep abreast of changes, let alone allocate time and resources to this important area of the business.
Ensuring your framework is robust, compliant and flexible enough to change to both internal and external pressures, when needed, is crucial. But rest assured, ANSON is here to support you with a team that specialises in risk and the services you delivery daily.
Testing your risk matrix / risk framework could be the most sensible thing you’ve done in a long time. Don’t wait for an official audit to ascertain areas of weakness or improvement. Ask ANSON – with a fresh and independent set of eyes – to push your risk framework to ensure any loose ends are tied up prior to an official audit.
We can help deliver a full risk audit or focus on a specific division of your organisation. Ultimately, it is your call where we start; but it could literally be one of the most valuable mitigation strategies you’ve implemented in years.