Board Advisory, Board Evaluation & Board Search in brief.

  • Board Advisory focuses on advising the board of directors or the supervisory board on remuneration, succession and determining the job profiles for board members.
  • Board Evaluation helps to determine whether an executive or supervisory board is doing its job effectively, has formulated the right objectives and is able to achieve these objectives.
  • Board Search helps to find the right candidates for board and supervisory board positions.

 

Board Advisory, Board Evaluation & Board Search helps boards function optimally 

Running a company or overseeing management are tasks that require special skills. With various services, Amrop can help a board of directors or a supervisory board to perform the tasks in the best possible way.

Board Advisory: advice on remuneration, succession and competencies

Managing or supervising a company requires various qualities from directors. With the help of Amrop's Board Advisory services, a form of board consulting, the board of directors and the supervisory board gain focus and direction enabling them to operate effectively.

An outside advisor can provide these governing bodies with independent advice on important decisions and strategies. This can help provide an objective and fresh perspective on problems and possible solutions.

 

Risks and market demands sufficiently identified? 

Does the company adequately address all industry business risks? Can it adequately respond to changing market demands? How does it shape its role in terms of corporate social responsibility? What about the board culture? And how does a company know how to hold its own in the war for talent?

A consultant can also help build and improve skills and knowledge so that directors are better able to meet their roles and responsibilities.

In particular, Amrop can also help with questions surrounding executive compensation, succession within the board of directors (ceo succession planning) or the supervisory board. In addition, Amrop can also assist with leadership development or executive coaching.

Interviews to better identify roles and responsibilities

Often the outcome of this analysis gives rise to interviews with the directors or supervisory board members to delve deeper into the roles and responsibilities, providing a better picture of the functioning of a board of directors or a supervisory board.

Dozens of evaluations have already taken place through this method. A new version will soon be launched that focuses even more specifically on the differences between various sectors.

 

Board Search: diversity is an important theme

The evaluation of the board of directors or the supervisory board may give cause to change its composition. Amrop is strong in executive search and interim management and can guide this search for new directors.

Diversity is a topical theme in this respect. With a board of directors or supervisory board with a diverse composition, more and different perspectives arise and new target groups are better represented.

Role of chairman of supervisory board is crucial

A supervisory board has a supervisory role. In this regard, the proper functioning of the chairman is very important. The chairman must ensure that the board functions well and discusses everything needed to move the company forward. But the agenda should not become a checklist. There are many things that a supervisory board is required to discuss, but there should also be enough room left over to exchange views on strategy.

Amrop can help find the right person to take on this chairmanship role.

 

With Amrop's Board Services from a good board to a great board

Using the Board Services (Board Advisory, Board Evaluation & Board Search), Amrop's advisors assist the board of directors and the supervisory board with advice at the times when these governing bodies need it. This enables these governing bodies to function effectively and make the step from a Good Board to a Great Board.

 

Read more? 

Amrop conducted research on the role of directors responsible for digitizing their companies. Read what the success factors of these CIOs are in the 4th edition of Digitization on Boards.

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