When it comes to strengthening governance and ensuring a board’s effectiveness, one important tool is the board skills matrix. It’s a straightforward yet powerful way to map out the skills, experience, and diversity of a board’s members. But how do you use this tool effectively? Read below for practical steps and insights to help you get the most from a board skills matrix. Understanding the Board Skills Matrix Guide A board skills matrix is essentially a visual representatio

When it comes to steering an organisation towards success, refining your strategy is not just a one-time task. It’s an ongoing process that requires careful evaluation and adjustment. Growth analysis strategies provide a clear path to understanding where your business stands and how it can move forward effectively. I want to share practical insights on how you can use these strategies to sharpen your approach and achieve sustainable growth. Understanding Growth Analysis Strat

Understanding the Importance of Robust Systems Many businesses operate without clear visibility into true project profitability. They quote jobs confidently but, months later, lack the data to confirm whether targets were met or why they were missed. Key questions remain unanswered: Which costs escalated unexpectedly? Could we source materials more cost-effectively? Were there inefficiencies in labour or installation methods? Did product waste or errors impact the bottom line

In the realm of contemporary corporate governance, annual board performance evaluations serve as a critical point in time for reflection, but their true value emerges only through the diligent implementation of resulting action plans. This comprehensive exploration looks at the importance of translating evaluation insights into actionable improvements and how to ensure their implementation. The Imperative for Action: Why Implementation is Non-Negotiable Board evaluations - wh

Research suggests that incorporating individual director performance assessments into annual board reviews can enhance governance by addressing skills gaps, promoting accountability, and supporting timely renewal, though implementation should be proportionate to entity size and complexity to avoid undue burden. Enhanced Accountability and Effectiveness : Evidence leans toward individual evaluations helping identify underperformance early, with surveys indicating many director

When it comes to steering an organisation towards success, strategic planning is the compass that guides every decision. But how do you ensure your planning process is not just effective but also adaptable and forward-thinking? If you have no vision, you don't know what your next steps are. The answer lies in optimising your approach with enhanced planning solutions. These solutions help you clarify your goals, streamline your operations, and build a roadmap that leads to sus

In the fast-paced Australian business landscape, where regulatory scrutiny from the ASX and AICD is intensifying, a high-performing board isn't optional—it's your organisation's competitive edge. Yet, many boards operate on assumptions: "We're doing fine." But how do you truly know? An external board performance review Australia  provides the unbiased mirror needed to confirm strengths, expose gaps, and benchmark against peers. Self-assessments often fall short, clouded by gr

Setting clear and effective goals is the cornerstone of any successful business. Without a roadmap, even the most talented teams can lose direction and momentum. I’ve seen firsthand how goal setting can transform an organisation’s trajectory, turning vague ambitions into measurable achievements. But how do you set goals that truly drive growth? How can you ensure your business is not just moving, but moving forward with purpose? In this post, I’ll share practical insights and

In today’s fast-paced and ever-changing business environment, achieving success means more than just meeting targets. It requires a clear focus and agile approach to improving how your organisation operates, adapts, and grows. I’ve seen firsthand how adopting the right performance improvement strategies can transform businesses, making them more efficient, competitive, and sustainable. But what does it really take to boost business performance? Let’s explore practical steps a

When it comes to growing a business, having a clear plan and expert guidance can make all the difference. I’ve seen firsthand how...

As we welcome in the New Year, we reflected on the insights and trends from last year’s Board Performance Reviews we have conducted. STAKEHOLDERS Boards are prioritising oversight of targeted key stakeholder communications and engagement with the aim of improving services and products provided by the organisation in line with its purpose and strategic initiatives. Consolidating the interaction of the Board with key stakeholders with clear objectives and understanding of the r

Sadhana Consulting is proud to announce we are now a prequalified local supplier for Local Buy Pty Ltd  Business Management & Consulting...

A Board Skills Matrix is a tool used to identify the Board’s composition of skills and competencies that are required and desirable to...

As we continue to provide our Board Performance Review services in the second half of 2022, it is timely to reflect and review on key...

Sadhana Consulting has a specifically created system for board performance evaluation using five key steps. This is not a tick the box...

If you operate a business, it's important you take the time to work out what your long term financial goals are. This in turn will help...

Did your board put off an external performance review last year? So many organisations scrambled to get "COVID ready" that they put off...

As our consultancy business continues to expand and grow, we welcome to the Sadhana team Paul Standfield. Paul joins the team as Senior...

This time last year, I made a huge decision and commitment. I was going all in and doing something I had never done before. It was the...

If you’re like me, I am constantly looking to learn and grow from others in finding out how they have achieved success. So after reading...