CGOV.4:4.1 - Recover the corporate contribution that is failing

Choose a matter that exposes the difficulty: a strategy revision, major investment, executive appointment or another issue under the corporation’s governing rules. Identify the required decision and whose interests, duties and rights bear on it. CGOV.1–CGOV.3 can supply the matter, rights and authority when these are unresolved.

Ask what the responsible organ must accomplish. It may need to set a direction, decide a reserved matter, challenge assumptions, oversee performance or correct a failed arrangement. Select the contribution relevant to this corporation; a catalogue of board functions does not settle their allocation.

Retain the limits on that allocation. Where a power cannot be delegated, design supporting preparation or review without transferring the decision. In a two-tier system, identify the actual supervisory and management organs instead of copying a unitary-board design.