Spring has sprung...

Say hello to Summer

Welcome to the latest edition of Halex Consulting's (ir)regular newsletter. With spring well and truly sprung and summer on the way, thoughts start turning to sun, sea, sand and... your year-end board review process ??

We would love to support you with this necessary but sometimes painful process. Keep scrolling, get in touch or schedule a call to find out more.

We are also excited to announce the launch of our new website and several new risk-focused service offerings. More information below, get in touch or schedule a call to find out more.

And finally, we are proud to announce that the Risk Coalition 's latest leading practice risk governance guidance for non-FS organisations, Raising Your Game, will go to public consultation in mid-June. You can read more information about the new guidance and public consultation below.

We would love to help you with your governance and risk management challenges, so please get in touch or schedule a call. We're always happy to talk.

Happy reading.

Chris and the Halex Team.

Relax - we've got you covered

Let us take care of your annual internal review of board, committee, chair and director performance.? Our Board Benchmarking surveys are both robust and cost-effective.? Based on 20 academically proven factors that influence board effectiveness, and with a database of over 500 boards, we can plan and administer your annual internal review, saving you time, money and hassle.

You can find out why a proven assessment framework and benchmarking are important for your annual internal review in this recent Board Surveys article here.

Get in touch or schedule a call to find out more. You can also try our benchmarked board survey for FREE.

Board Skills Matrix

Purchase your benchmarked board survey before the end of June and we'll give you free access to Board Benchmarking’s new Board Skills Matrix assessment tool.

You can read more about the value of using a board skills matrix here.

Using this tool, we can help you quickly and efficiently understand what knowledge, skills and expertise your board requires to meet the future needs of the business, saving you considerable time, cost and effort over traditional approaches. Get in touch or schedule a call to find out more. We're always happy to talk.

We're a CGI accredited board reviewer

We are pleased to announce our accreditation under the CGI's new board reviewer accreditation scheme.

External Board Performance Review

If you are due an external board review this year then time is running out to get things organised. As with other board reviewers, Q4 is looking very busy already. Don't delay - get in touch to request a proposal or schedule a call to find out more. We're always happy to talk.

It's like risk management... only better

Over the last few years we have developed a whole system approach to risk management. The starting point is to recognise that risk management isn't about managing risks. It's about helping organisations deliver their strategic aims - and through that, their Purpose and Values - through the disciplined management of risks. (You can read more about our risk management philosophy in our white paper, 'The Risks of Risk Management'.)

Applying this philosophy, we have developed a suite of risk-focused services to help our clients better articulate and deliver on their strategic aims, objectives and other opportunities.

If you would like to find out more about our ambitious plans to change how the world 'does risk', visit our new website or click on one of the links below:

• Purpose and Values - Support with formulating and articulating organisational Purpose and Values, corporate strategy, strategic aims and objectives.
• Certainty-based risk management - Originally developed more than 30 years ago, our certainty-based approach to risk management provides a more intuitive, performance-focused approach to managing risks.
• AI Strategy & Governance - As leading thinkers on AI strategy, governance, risk and control, we can help you understand and exploit AI’s huge technological benefits while managing the associated risks appropriately.
• Facilitated horizon scanning & scenario analysis - Making sound decisions in uncertain circumstances is challenging. Halex provides clients with expert planning and facilitation of the horizon scanning and scenario analysis process.
• Risk-focused mentoring and development support - Risk management is a new profession with no clearly established qualification requirements or career path to the top. We can help you develop the skills, knowledge and confidence needed to take your career to the next level by buddying you with one of our team of skilled and highly experienced risk professionals.

Get in touch or schedule a call to find out more. We're always happy to talk.

Come and say hello

We are delighted to announce that Halex principal, Chris Burt, be speaking at the Chartered Governance Institute’s flagship Conference, on Wednesday 3rd July 2024.

Don’t miss out on the UK’s leading conference for governance professionals – Governance 2024.

The role of the governance professional has only ever become more important during the instability of the last few years and the Institute looks to examine this through a wide range of topical panels, talks and advice about the state of governance in 2024.

Tickets are available via the CGIUKI website, so make sure you register here. We hope to see you there!

Exploring the board's role in governance of AI and emerging technologies

In June, Halex principal, Chris Burt, will be facilitating three virtual roundtable discussions on the role of the board in governance of AI and emerging technologies.

If you would like to attend, please register for the relevant roundtable using the links below:

• Halex Consulting CoSec & GovPro Forum, 9 - 10am (UK) on Wednesday 12th June
• Risk Coalition Risk Committee Chairs Forum, 9 - 10.30am (UK) on Thursday 13th June
• Risk Coalition CRO Forum, 12.30 - 2pm (UK) on Thursday 13th June

Nb. If you would like to join but have a diary conflict, please register anyway and a recording of the discussion will be made available to all registrants shortly after the event.

Get in touch or schedule a call to find out more about any of our quarterly roundtables.

Raising your Game

In mid-June, the Risk Coalition will be putting 'Raising your Game', its latest leading practice risk governance guidance, out to public consultation.

Written for corporate (non-FS) sector organisations, Raising your Game seeks to provide boards and committees with risk oversight responsibility with meaningful, principles-based leading practice risk governance guidance.

As with our original 'Raising the Bar' guidance, Raising your Game is not just a repetition of established practice, but aims to lift the standards of risk governance within UK Plc. As such, responses to the public consultation will have a significant bearing on the finally published guidance.

If you would like to receive an email notification of the public consultation opening, please get in touch and we'll add your details to the Risk Coalition 's contacts database.

About Halex Consulting

Established in 2009, Halex helps clients think differently about their board effectiveness, risk management and governance consultancy challenges, cutting through the complexity and helping you focus on what matters most.

Our services include:

• Board Effectiveness — robust, forward-focused external board reviews that help ensure your board adds value and is future fit.
• Board Benchmarking — academically validated and benchmarked board, committee and director effectiveness surveys that help you assess your board’s performance against your peers and leading practice.
• Governance Consultancy – light-touch, bespoke consultancy support for clients wanting to assess and improve the effectiveness of their governance arrangements.
• Risk Management Advisory Services — innovative, leading practice risk management solutions supported by our team of partner-level experts to help enhance the effectiveness of your organisation’s risk management and resilience arrangements.
• Internal Audit and Assurance — internal audit EQA (external quality assessment), internal audit co-sourcing (risk governance, ERM, technology risk and cyber risk), and leading practice guidance on integrated assurance frameworks.

Get in touch or schedule a call to find out more. We're always happy to talk.

Halex Consulting is the UK/EU partner for Board Benchmarking, a leading provider of world-class benchmarked board surveys.

Contact us

Please feel free to get in touch or schedule a call if you would like to discuss any of the matters covered in this newsletter. We're always happy to talk.

Halex Consulting Limited

86-90 Paul Street / London / EC2A 4NE

M +44 (0)7905 469039 T +44 (0)20 3823 6569 E [email protected]