Public Sector Governance

Board Risk Oversight Services

Most recently, 501(c) organizations, along with their boards, are required to institute effective risk oversight procedures as a regular component of risk management. Our commitment to the successful achievement of risk oversight by the board of directors is reflected in the comprehensiveness of our Risk Oversight Evaluation® (ROE) and Individual Director Risk® (IDR) offerings. Their importance in an effective risk oversight framework can make a difference between the success of and ineffectiveness of the board which directly impacts the non-profits, foundations and universities serving their constituencies.

Beginning with the premise that the board knows the organization best, XCEO Consulting Services for Risk Oversight utilizes as its starting point the board’s positive engagement in self-assessment of its performance through the ROE and IDR as part of overall effective governance. Each product is designed for the board to establish its own action plan to address areas in need of attention. We recognize that the board may require additional risk expertise to assist in this process. XCEO’s Risk Management Consulting team will help identify and strengthen performance in the areas which the board needs addressed. Due to the significance of an effective risk oversight program to the success of the 501(c) organization, XCEO provides a comprehensive approach for boards to improve performance and assistance when needed.

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