Publications

Extracts from the following Institutional Design publications may be downloaded as pdf files:

Board Responsibilities and CEO Succession Planning (51kb)

CEO succession planning is a core board function.  External market conditions and the unique internal characteristics are key factors impacting on any board decision.  The focus is on the planning / execution of the board process and not the individual candidate skill set.

Audit Committees (131 kb)

Audit committees are often viewed as homogenous between companies.  A careful review of leading international companies illustrates clear differences, which do demand a detailed examination.

The Role of Boards in Risk Management (31 kb)

Risk Management reporting and the methodology of such reports are a crucial tool in guiding the division of authority between boards and management.  Models of delegation and monitoring methods with respect to Risk Management do vary which affects upon the ultimate decision outcome and in turn shareholder value.

Organising Decision Making for Value (30 kb)

Board process design will continue to be at the forefront of leading international companies as they grapple with what decisions are to remain exclusive to the board, which are delegated and the information required as a collective and as an individual.  Successful companies review, refresh and debate process design decisions to ensure the process fits the strategy and current market conditions.

The Board's Role in Strategy (30 kb)

Board – Management engagement/interaction on strategy development and the process of identifying strategy implementation obstacles affect significantly on the success of boards strategic decisions.

Nominations Process (30 kb)

The fundamental role of the nominations committee has remained constant.  However, differences in approaches and high-level disclosures by leading international companies is worthy of consideration by those seeking to understand and improve upon the boards role in the nominations process.