BoardOps:
Organizational agility starts at the top.
BoardOps describes a methodology that encompasses processes, culture, and mindset. It recognizes that true agility starts at the top of organizations with the board and the executives who work most closely with the directors. Its purpose is to help the board excel at its most important product, sound informed decisions, while carrying out its oversight and fiduciary responsibilities.
BoardOps does that by better integrating everyone associated with board work. Corporate Secretaries, General Counsel, C-Suite executives, CEOs, Lead Directors, and others work together in a single, more automated workflow toward a shared objective: improving board effectiveness and thereby, corporate performance.
BoardOps prioritizes and better informs boards about their most impactful decisions. It extends board meeting planning well beyond routine calendaring and rote repetition by applying advanced technology to the entire board planning and meeting – bringing in relevant regulatory governance requirements and investor policies.
BoardOps benefits the board and everyone involved in the greater board workflow and decisions.
BoardOps is a broad term that encompasses the processes, culture, and mindset for using advanced technology to:
- Make the board’s work more visible, especially its decision-making process, and understandable internally (to management) and externally (to investors, rating agencies, etc.). Communicate transparently and proactively with investors, employees, and stakeholders.
- Prioritize and focus on the strategic decisions that best position the organization to carry out its purpose and for long-term business sustainability.
- Identify bottlenecks in decision--making and remove them using advanced technology.
- Reduce the amount of work in progress prior to final board decisions.