Why Private Companies Need a Solid Governance Foundation
Even if you are not a publicly-traded company, governance still matters. A solid governance foundation provides your company with a strategic direction in a competitive marketplace. When a private company has a solid governance foundation supported by a corporate secretary, it is poised for growth.
Private company governance doesn’t have to be complicated. Developing the right governance framework for your company and having a governance professional in place to support the board of directors will help ensure accountability and sustainability. A well-functioning board will help the CEO lead the company in the right direction, and a strong governance framework supported by a governance professional will help the company achieve its strategic goals.
At Cornerstone Governance, we know you need an experienced governance professional to work with you to manage your governance program, including:
Developing and maintaining board and committee mandates and work plans
Board refreshment with independence and diversity considerations
Board assessments
Onboarding
Director education
Good governance attracts good directors.
Private companies often seek out directors with executive experience and board expertise. Your directors don't expect to have to handle administrative tasks for organizing board and committee meetings. You can count on us to take care of all the details associated with corporate governance, from managing the board and committee meeting process to keeping the minute book current, drafting and implementing policies, board assessments, and more.
We provide fractional corporate secretary services offering a fully customizable range of governance support for private companies and non-profit organizations. Choose the full Corporate Secretary package, or select individual services, on an ongoing or ad hoc basis, as follows:
Contact us to discuss how we can support your board and help enhance your organization’s governance practices.