Author name: Savvy Boards

What can organizations do to further develop their C-level positions and have ready “second-in-commands”?

Organizations typically have development and training plans for their executive team (C-Level) to identify their strengths and opportunities for improvement. This allows them to have an increasingly competent and well-prepared team, should the need arise for a CEO succession plan or a promotion to a similar position in another organization or subsidiary (in the case …

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Compliance function: ¿What can be done to strenghten it?

In today’s medium-sized and large organizations it is very common to find a department responsible for the compliance function or leading the “ethics and compliance program,” understood as the set of policies, processes, and mechanisms that ensure this function is well-established throughout the organization. However, it is equally common to observe how some of these …

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Risks, internal audit, compliance: together or separately and where to place them?

Although the internal audit function and corporate risk management have been present for some time in organizations of a certain size, this question becomes relevant when deciding to incorporate the compliance function into the organizational chart. The reason lies in the dilemma presented by the possible creation of a management position (usually at the C-Level) …

Risks, internal audit, compliance: together or separately and where to place them? Read More »

What can be done to facilitate the CEO/Founder’s succession plan?

This is a very common situation in private and/or family-owned organizations led by their CEO/founder. However, it is striking how despite all the teachings about succession plans, these types of organizations still show a certain level of reluctance to address the issue of CEO succession. In this case, we will focus on private companies in …

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Independent Directors: What Do They Perceive of Their Own Role?

Most publications on independent directors typically discuss the advantages they bring to boards of directors and their organizations, something that is undoubtedly undeniable not only because of the diversity they represent but also because of the value they contribute to most cases. However, few discuss the challenges these directors may perceive in their own role. …

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