Benefits of Working with Dunkirk Governance Specialists
There are many significant benefits that can be realized through successful, professional corporate governance practices. Underlying all of these is the theme of "value enhancement" - the improvement in your company's tangible value resulting from improved governance practices. But good governance practices also lay a solid foundation for growth and stability, facilitate ownership transitions, foster teamwork, and help meet specific shareholder goals. Some of the benefits of working with Dunkirk Governance Specialists include:
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Economic Benefits
- Improve the Productivity & Professionalism of Your Board
This always leads to a more critical scrutiny of underlying value enhancing strategies and problem resolutions. When the Board is productive, critical insights develop. When the Board operates in a professional manner, strategies and tactics to achieve new levels of performance are vetted as never before.
- Low Relative Cost
A professional Board of Directors with independent thinkers costs little when compared to the value of the insights provided by experienced Directors. Additionally, a productive Board that engages in robust discussions around strategic alternatives can save shareholders substantial wasted capital that is often spent on bad ideas& ideas that an independent group of Directors would recognize from prior governance and leadership experiences.
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Leadership
- Get the RIGHT Directors, the First Time!
By properly screening and evaluating prospective directors, we can help you find the best directors for your Company. Our professionals know what a solid director looks like. Our Director recruiting methodologies, coupled with our knowledge of director expectations, provides us with the keen knowledge necessary to find you the best independent directors the first time.
- Informed & Unbiased Advice
We are knowledgeable about corporate governance and completely independent in our duty-of-care to shareholders. Dunkirk Governance Specialists has no agenda other than serving the best interests of our clients shareholders. We only align with the interests of the owners.
- Untangle Family Dynamics From Sound Business Practices
Dunkirk Governance Specialists has considerable experience in addressing and resolving issues involving family dynamics in the board room and among senior management. By creating a formal and professional framework for corporate governance, family issues can be addressed effectively, or even resolved completely.
- Manage Shareholder Discord
There may be disagreement among shareholders, or between shareholders, directors or senior management that become much easier to resolve when a sound governance framework has been established. We are experts at building these frameworks that become useful in resolving future (and inevitable) business direction conflicts.
- Governance Will Finally Work the Way It Should
Dunkirk Governance Specialists has built a solid reputation for advising private company owners in new ways to structure, operate and use their Boards of Directors. And while the principles of solid enterprise governance have been known for centuries, DGS brings a practical and cost effective approach to implementing these principles in private companies where capital is always scarce, time is more scarce and frameworks that can adopt to rapidly changing environments are crucial. In short, Dunkirk Governance Specialists can show you how to make governance work for your owners.
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Knowledge
- Bring a New Level of Expertise To Your Company
Our consultants are not only skilled in governance matters, but also bring a wealth of expertise in technical matters. It is the broad wealth that enables them to improve the governance process in a pragmatic way that focuses more on benefits from improved governance instead of just compliance. With the combined expertise of the professionals at Dunkirk Governance Specialists, we can understand the real impediments to better governance, irrespective of the industry or the geographic location of your company.
- Train Business Owners & Directors in Wealth-Building Governance Skills
We have a strong background as instructors in business training and education programs. We offer robust and intellectually challenging training programs that provide lasting benefits to your Company. With our strong emphasis on value enhancement, we design our training services toward building shareholder wealth.
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Future
- Strengthen Your Business To Grow
Through professional oversight of strategy formulation and execution, and with the proper incentives and performance measurement systems in place, your Company will be in an excellent position to grow. We consult on these performance measures and also on the behavior-shaping incentives that provide the "people engine" for growth.
- Strengthen the Business in Anticipation of a Generational Transfer
Ownership transfer to the next generation can sometimes be challenging or unsettling to shareholders and senior management. Major vendors and customers may also have concerns, and may raise questions about the competency of the next generation of owners. Establishing sound corporate governance practices with a highly qualified team of directors will reduce the risk that serious problems will arise.
- Prepare the Business for Sale
A resourceful and professional Board of Directors can make significant contributions towards improving profits, cash flow, and other valuation parameters. This has a direct, positive impact on value. Also, a good board of directors will instill confidence in potential buyers, and has positive implications regarding the validity and integrity of information reviewed by potential buyers.
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