Smart Governance
Business owners face increasing complexity, competition, and margin pressures, requiring smart governance practices to set vision, goals, and ethical frameworks while providing objective wisdom and support.
Criteria
Mature Businesses
$5M+ Revenue
Time
5 Days
Over 3 months
Format
Group sessions
In-person
Investment
$7,850 + GST
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Programme overview
Business owners are facing increased complexity, competition and margin pressures and need the systems, knowledge and experience to navigate towards their vision, and the wisdom to explore an alternative pathway when required.
Good governance is critical for organisations in setting the vision, goals & ethical frame for both behaviours & decision-making. It provides a wider frame of objectivity, wisdom and experience to complement the management team and increase the likelihood of making better decisions and delivering sustainable results.
This is key to building organisational resilience and creating an environment where management are safe, supported, challenged and can thrive!
A key challenge for many businesses is striking the balance between enough support and structure to achieve this without creating bureaucratic nonsense.
Focus Areas & Outcomes
Focus Areas
- Explore the options available and help you determine what governance structure is right for you and your business.
- Look at director obligations and while some are obvious, much is not.
- Explore the added complexity of multiple shareholders and continuity.
- Check-in on your vision, goals and strategy.
- Explore your key business drivers for success, dashboard reporting to monitor it and alignment with senior manager KPIs.
- Look at what drives business value, managing cash and the capital structure.
- Consider business risks and ways to manage, mitigate and exploit these.
- Build organisational resilience through empowering management and delegation of authority.
Outcomes
- A framework for "right-size" governance for your business, your role in it and a potential advisory structure.
- An action plan for putting this into place, and keeping yourself accountable to it.
Structure & Dates
This is a non-residential programme at the Icehouse in Parnell. It is five days in three blocks over three months. The blocks are a mix of presentations from subject matter experts, peer discussion and working sessions to make this informative and as practical as possible, and not just add to your to-do list!
- Block 1 – 29-30 May 2025
- Block 2 – 3-4 Jul 2025
- Block 3 – 7 Aug
Who Smart Governance is For
- Businesses with annual revenue of $5M+
- Business life cycle – growth & mature stage
- Established management structure
- Multiple shareholders (optional) and family businesses
