Strong corporate governance practices stand as the cornerstone for success and sustainability within the club industry.
With harm minimisation emerging as the number one focus in the industry right now, Club Boards and Committees face escalating pressure to uphold ethical and sustainable practices within the liquor and gaming environment.
Most forward-focussed clubs will have developed a documented Strategic Plan that shapes the direction of the business and aligns the outcomes for success. Many will have a written report and discuss it at the monthly Board Meeting. Some will possess an agile strategy that is updated and checked for progress regularly.
But few will have documented the ongoing process and provided a secure register for how their Board / Committee is actively managing the multi-million-dollar assets of the members. The transfer of IP from one committee to another, and the protection of the strategic direction of the club is critical for a club’s long-term viability.
With this in mind, it begs the question – are we really tracking our corporate governance practices? Are we documenting the processes and following procedure? Are you personally liable if you are negligent in your duties as a Director or Committee Member?
The old adage about policies and governance rings true – you don’t need it, until you do.
Having worked with hundreds of Boards and Committees of both community clubs, Government and corporate over the years, we recognise the importance of ensuring your systems stack up and support your goals. There is an increasing need for an accessible tool to provide clarity, assurance & security to the community club corporate governance space.
Introducing the industry-first Corporate Governance Portal, Board360.
- Secure Board Portal: Corporate governance all in the one place with an accessible & secure board portal at your fingertips.
- Strategic Plan Tracker: Monitor the progress & implementation of your strategic plan. Encourage transparency & accountability in your outcomes, because good governance is a team effort.
- Meeting Planner: Plan, schedule & notify board members of upcoming meetings through the calendar or dashboard view.
- Agenda & Minutes Builder: Curate set agendas & meeting minutes easily with the ability to build and automate these directly within Board360. Effortlessly take notes, assign tasks, monitor attendance, track voting and record motions during the meeting, allowing the core focus to be on the outcomes.
- Skills Matrix: Enable better visibility into your current board composition & easily identifying any skill-set gaps through the Skills Matrix tool. Unlock true board intelligence with a 360-degree view of your board.
- Policy & Procedure Document Control: Easily access, organise & store documents through the secure portal, allowing you to simplify outdated processes & foster greater participation from your board or Management Team.
At DNS Specialist Services, we’re dedicated to helping licensed venue’s all around Australia navigate their success. Get in touch today to discuss how we can assist your Corporate Governance journey on 0433 906 809 or danny@dnsss.au.