Purpose
To ensure that executives and boards see the same material facts early enough to act.
Requirements
- 01
A limited set of measures defines institutional performance.
- 02
Measures identify trends, owners, thresholds, and required decisions.
- 03
Bad news moves faster than routine reporting.
- 04
Board reporting is derived from the management system rather than rebuilt each quarter.
Supporting Practices
- Executive scorecard review
- Exception reporting
- Risk escalation
- Board packet production
Implementation Tools
- Executive dashboard
- Threshold register
- Risk report
- Board reporting architecture
Organizations may adopt this standard independently or engage Hawk to support assessment and implementation.
Implementation advisory →