Board Advisory
Boards and their directors require real world and real time information to make the most informed decisions possible in governing their companies. Most board decisions can be broken down into two general areas:
Strategic
Too often, boards are time consumed with the current quarter's financial results, compensation planning, audit, risk and compliance matters. Although each of these areas is of critical importance, there is nothing more vital than the future and how well or poorly the business is strategically positioned for it.
At HighBank, our strategic advice to boards is centered on one and only one fundamental and critical question:
How well positioned is the business for the future?
In order to answer that question, we evaluate the business from the top down, not the bottom up. What does this mean? It means we focus on the most critical aspects of future business positioning. We de-emphasize the focus on tactical initiatives, functional disciplines and corporate reporting while centering our assessment and recommendations on:
- Industry position and competition
- Predictable secular impacts and challenges
- Structural impediments to growth and value enhancement
- Anticipated cyclical impacts
- Organizational leadership
By focusing on the above five areas, the overwhelming majority of the future strategic positioning of a business will be determined so that corrective actions can be identified and implemented.
Transactional/Tactical
Boards also often need assistance in evaluating a specific transaction being contemplated or a specific tactical initiative being implemented. Although a specific transaction or tactical initiative won't answer the question regarding future strategic business positioning, an otherwise well positioned business can quickly become less so with an ill advised or timed transaction or tactical move. In this regard, our advice is often sought out in the following areas:
- Evaluating the merits of alternative transaction options, including acquisitions and alliances
- Analyzing, testing and concluding on the anticipated synergies forecasted as part of a proposed or pending transaction
- Evaluating or developing business or investment plans
Whether your need is strategic or transactional, our focus is on creating and enhancing shareholder value. At HighBank, we achieve this by providing boards and directors not just answers, but answers to the right questions.
We believe it's time for higher standards and results. Don't you?
Welcome to HighBank Separating Knowledge from Beliefs
To obtain a free copy of our Long Term Economic Thesis and Investment Outlook please email us at: knowledge@highbank.com