Board effectiveness is up to you – identify, assess and appoint the right directors.

 

Boards are effective when they bring a thoughtful, disciplined and professional approach to the table. In order to thrive in a complex and ever-changing economic landscape, organisations must continue to adapt to sustain a continuous competitive advantage. As the market shifts, organisations who have efficient board governance and engaged members and committees will be in strong position to grow and perform. 

 

An efficient board is a major competitive advantage. At the same time, dynamic and innovative leadership is a powerful strategic asset that allow organisations to confidently navigate the future. 

 

In today’s increasingly complex regulatory environment, board responsibilities are growing beyond customary management, with greater involvement in critical business issues such as strategy, transformation and risk. Additionally, overseeing a business now requires monitoring the changing demographic trends and board members are now faced with further complexities during their appointments. 

 

Corporate Directors must be committed to engaging in and traversing national and global matters, at the same time as contributing to the longer-term growth strategy – all while offering a balanced perspective.

 

A board will only deliver optimum value when operating effectively as a team. The overall approach and selection process is pivotal in identifying the right talent and skill sets required for an organisation to garner competent and capable board members. 

 

Executive rewards and incentives
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96% of companies are planning organisation redesign, yet only 18% consider themselves ‘change agile.
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– Mercer’s Global Talent Trends 2018 study


How Mercer can help

 

Our board services form an integrated solution covering: Advisory, Performance and Succession – with a proven methodology delivering more effective and highly synergised boards:

 

Advisory

We benchmark your key competitors’ and industry leaders’ board composition, structure, governance practices and performance. We then provide specific insights into reputational risks, key skills sought, best practices and compensation. This solution also covers change impact analysis, including during Chairman and/or CEO transitions.

 

Performance

We improve board performance using an established annual board evaluation program. We tailor our methodology to deliver more effective, better synergised and higher-performing boards - boards that are designed to add true value to their organisations.

 

Succession

Our unparalleled access and therefore insight into the diverse board candidate pool, allows us to identify, assess and appoint ideal board directors aligned to our clients’ strategy. Our framework focuses on intelligent appointments as well as maximising the appointees' value-add opportunities.

 


Our team of dedicated experts can assist your organisation in developing tailored board effectiveness solutions to suit your strategic priorities.

We work to clients to offer advisory guidance across board performance and succession to help you develop and grow.



Why partner with us

 

Mercer offers extensive experience in board advisory, performance and succession planning, helping clients in benchmarking talent and transforming current board structures. Our concepts and solutions have been applied by leading organisations worldwide and in Australia.

 

We leverage a data-driven, holistic approach – developed and used in a portfolio of diverse client projects to help ensure your success well beyond the project phase.

 

We work with you to identify, understand and benchmark the world’s best boardroom talent for your business, understanding how they align to your organisational priorities and values. Our aim is to help you develop a comprehensive, data-driven understanding of the external landscape and then execute with confidence.

 

Mercer's expertise covers many industry sectors, with deep knowledge about board governance and the importance of the role of a non-executive director, as well as business and labour market challenges.

 

Our pragmatic working style strengthens partnerships with our clients to ensure robust implementation and a comprehensive transfer of knowledge to enable ongoing success.

 

     

 

Our expertise in solving complex issues:

 

Our advisors work with organisations within the pacific and worldwide to design and plan workforces to be agile for change. Let us help you develop your workforce by leveraging our deep human capital expertise as well as our global insights and world-class capabilities across all lines of business.

 

Through asking challenging questions and analysing our rich breadth of data, we partner with you to design and develop robust organisation structures aimed at accelerating your business objectives.

Develop your future-of-work strategy and operating model, including your organisation’s design, governance and frameworks.

Align your business values, context and operating environment through your employees, as well as detailed benchmarking, including external norms (industry and geography specific) to assist you in future proofing your business from a talent perspective.

 

Identify and act upon cultural risks to build a powerful employee listening model.


Map out your needs and develop strategies to transform and improve effectiveness across your organisation.

Detailed planning and integration, specifically in projects to do with M&A and change management.

Understand, align and optimise your rewards and benefits programs in more than 150 countries and organisations of all sizes.

Design executive, sales and broad-based incentives aligned with objectives.


 

 


Get in touch with Mercer ...

 

Chris Perritt

Chris Perritt
Rewards Leader, Pacific


 

 

The new shape of work

 

 

Speak with a Mercer Consultant

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