Delivering holistic corporate governance interventions
In today’s environment, boards of directors have been thrust into the spotlight as the volume of shareholder and social activist threats grow alongside the need for effective environmental, social, and governance (ESG) stewardship. From growing concerns around executive compensation and corporate conduct to evolving cyber threats, the challenges that boards face every day are complex. They also require a comprehensive understanding of their organization and an informed viewpoint of their business environment. In many cases, boards face these challenges with legacy governance protocols and agendas that limit their ability to capture new opportunities or respond quickly to threats.
We help leading boards calibrate their governance protocols and cascade them throughout their organizations to reach the appropriate amount of control that balances innovation with effective oversight.
Mining Joint Venture
The shareholders and management team of high-performing JV operating company preparing for $3B in expansionary capital projects sought to review governance practices to make decision-making more efficient and improve shareholder alignment. Ankura benchmarked the joint venture against Ankura’s governance standards and developed a targeted set of recommended governance improvements. We then facilitated discussions among shareholders and management to gain endorsement for proposed changes and, upon gaining alignment on an approach, updated the JV board charter, committee charters, and other governance documents to reflect the agreed upon framework. The shareholders unanimously endorsed a set of recommendations and implemented the new framework.
Our transformational approach to governance is underpinned by our proprietary governance standards, database, and extensive tools repository that give us a comprehensive viewpoint on the challenges that our clients face. Our team has advised (or is currently advising) the boards of some of the most recognizable brands in the world, helping them navigate their most complex governance challenges. Our deep experience and functional expertise allow us to help our clients set the vision and purpose for their governance models with the ability to implement at scale – from the board room to the factory floor.