PreterLex

Advantage through governance

Steady State

This phase ensures that the deliverables from the Transition phase are integrated into the way that the organisation works. Governance can only be effective if it adopted as business as usual - it cannot be a one-off exercise.

Ongoing continuous assessment of all operational areas affected by the transition, and feedback of improvements will sustain the advantages of the improved governance environment.

Our approach ensures continuous compliance monitoring of governance-related triggers such as:

  • Changes to relevant regulation, legislation, internal and external standard
  • Controls assessment
  • Significant transactions like outsourcing, insourcing and merger, acquisition or divestment.

The approach includes mechanisms to manage non-compliance that ensure the necessary actions to resolve issues and to feed changes back into the governance environment to prevent re-occurrence.

This final phase of our approach ensures that governance is effective and that it is current and active.