Theresa Mack
Private Companies & Governance Advisory
Cendrowski Corporate Advisors is committed to assisting private firms in their quest to improve corporate governance practices. We work hand in hand with private company owners, entrepreneurs, venture capitalists, and management teams to ensure that high-quality information is employed in the decision-making process.
Whether your firm is large or small, our knowledge of governance best practices can assist your organization in designing and implementing appropriate governance structures that add value to the firm.
As an operating body, the board must successfully execute four major activities:
- Verification and validation of oversight mechanism operating design by area, e.g. external audit, internal audit, senior management, and independent advisors
- Assessment of results by those areas
- Evaluations of performance by those areas
- Self-inspection of the board in terms of its own design, execution, and responsiveness
The quality of the information that is presented to the board will vary by wide margins. Spotting red flags that indicate lapses in that quality is the key to success. And knowing what supplemental information to request after governance and internal control lapses are identified is critical to minimizing future economic, reputation, and market value losses.
