OFF&V assists senior management and Boards of Directors in establishing an effective relationship and in fulfilling their respective responsibilities. Services include:
- Relationships: assisting management with issues emerging in its relationship with the Board, and vice-versa, including expectations, communication, responsiveness, and other key considerations.
- Composition: selection criteria and the methodology for identifying the most appropriate candidates for Board and Committee positions, including the overall composition of the Board as it impacts on the ability of its members to understand and contribute solutions to the challenges facing management.
- Compensation: Board member and senior management compensation issues, including alternative methods of providing compensation.
- Seminars: customized Board seminars that expand knowledge so that Board members can more fully understand the challenges facing management. Seminars examine Board responsibilities and the broad range of conditions impacting on, and occurring within the industry, thereby improving the Board’s understanding of the economic implications of strategic decisions. Ideally suited for Board retreats.
- Senior Management Succession Plans: assisting management and Board members with establishing the most appropriate criteria for identifying and integrating candidates who are most compatible with the overall strategy, emphasis and culture of the company.
