The following stages are carried out to perform a corporate governance diagnostic:
Information gathering: collecting documents, policies, organizational structure, and governing bodies, and interviewing key participants.
Current situation assessment: analyzing existing corporate governance practices and identifying strengths, weaknesses, and areas of opportunity.
Gap identification: comparing the current situation with best practices and the company’s strategic objectives to detect the main gaps.
Improvement plan: designing recommendations, defining priorities, responsible parties, and an implementation schedule to strengthen corporate governance.
Presentation of results and follow-up: delivering the diagnostic to management or the board of directors, agreeing on the actions to be implemented, and establishing a follow-up mechanism to evaluate progress.
Why is it necessary?
Performing a corporate governance diagnostic is necessary because it provides an objective understanding of the organization’s maturity level, identifies strengths, risks, and areas of opportunity, and establishes a roadmap to strengthen its governance structure. A diagnostic facilitates informed decision-making, promotes transparency, improves risk management, and helps the company ensure its practices are aligned with its strategic objectives and corporate governance best practices, favoring its growth and long-term permanence.
Our difference: the firm’s partners participate as board members in various companies.
Success stories: we are currently board members at Proce Travel, Original Resorts, Farmacias Similares, and Atelier, among other groups.
Why should a Corporate Governance diagnostic be performed?
Because it provides an objective understanding of the organization’s maturity level and identifies strengths, risks, and areas of opportunity. It is the starting point that prevents any subsequent improvement from being implemented in an improvised manner.
What are the benefits of performing a Corporate Governance diagnostic?
A clear and prioritized roadmap to strengthen the governance structure, better decisions based on information, greater transparency, more solid risk management, and practices aligned with strategic objectives and market best practices.
