Creating Effective Corporate Governance
Narva & Company recommends its clients establish a truly supervisory governance process, where either a board of directors or council of advisors meets regularly and exercises genuine oversight for the management of all business operations.

Our advisors offer practical guidance and education for:

• Clients with a well established board of directors
• Clients with early stage boards which can be increasingly professionalized by adding independent directors or non-voting advisors
• Clients ready to establish its first board or council of advisors

Our corporate governance advisory services include
guidance in the following areas:

• Effective board leadership and meeting protocols
• Understanding director roles and responsibilities
• Appropriate board compensation
• Creating or enhancing a board committee structure
• Preparing the next generation of family directors through board committee membership
• Implementing a board evaluation process
• Providing board level oversight of financial controls and financial management through an interim audit committee function
• Establishing a board succession plan
• Recommendations for continuing director education

Board Search Practice

Searches to fill vacancies on existing boards:
We conduct board searches through a formal, multiphase search process. We draw potential candidates from our proprietary database of experienced advisors and directors who are also well versed in the dynamics of family companies.

Searches to Create A Council of Advisors:
We design and recruit a council of advisors for companies seeking effective outside perspective in a governance forum which is significantly different from a board of directors in composition and fiduciary responsibility.