Purpose
To create a board-management system that remains effective beyond the relationship between individual directors and executives.
Requirements
- 01
Governance and management decision rights are explicit.
- 02
Board calendars reserve time for strategy, risk, performance, and succession.
- 03
Board materials distinguish information, discussion, and decision items.
- 04
Executive performance and board effectiveness are reviewed through defined processes.
Supporting Practices
- Governance calendar
- Decision-ready reporting
- Committee coordination
- Mutual performance review
Implementation Tools
- Board calendar
- Decision-rights schedule
- Board memo template
- CEO and board assessment
Organizations may adopt this standard independently or engage Hawk to support assessment and implementation.
Implementation advisory →