Behind the Strategic Board. The existing structure did not allow sufficient time to scrutinise both the operational delivery of services (to tenants and wider stakeholders) and the increasingly important strategic vision as the operating environment becomes more challenging. The reduction in grant rates and the rent reductions have significantly increased the risks and complexity of running a business such as ours and without the separation of scrutiny we could easily find ourselves facing governance or financial problems.
The Strategic Board comprises of 7 members with Ian Mashiter as the Chair – each member has a particular set of experiences and skills that when combined provides an understanding of every aspect of our current and future business risks and operational areas. Members are also Chairs of the key sub-committees of the Board (most notably Operations and Audit & Risk) ensuring a holistic view and understanding of the business as well as clear lines of information flow both up and down the governance structure. Members are appointed for 3 terms of 3 years (subject to periodic performance review) and are remunerated for their services. Want to find out about the other boards we have at Havebury click here.