How Boards Improve Workplace Culture: Top Tools

Top Tools to Increase Board Efficiency

Company perception is key to success

Boards are increasingly being tasked with expanded responsibility for defining their organization's culture. And as companies enter into a new phase of doing business, how they communicate with employees, boost transparency, and inspire truthfulness will stimulate the future of employee expectations and ensure proper management.

Previously, a board's involvement in overseeing workplace culture was lacking, since this job was traditionally seen as a CEO's responsibility. Boards would only step in if issues were to arise, and otherwise they would take a back seat. After all, boards are typically distant from day-to-day operations and aren't immersed in everyday happenings.

Boards need to be more proactive in defining workplace culture and providing appropriate oversight. Boards are increasingly responsible for setting the tone of an organization and aligning culture with business strategy. However, they shouldn’t be bogged down unnecessarily with tasks that decrease efficiency.

Tools to increase board efficiency

Two of the factors that affect a board's performance are culture and leadership. Using tools to make governance simpler and more intuitive will help inspire a more positive culture in the organization lead by the board.

Boards don't necessarily have a lot of time on their hands. Simple and easy-to-use technology plays a pivotal role in increasing results and efficiency so that board members can put more focus into building a positive workplace culture. More and more boards are looking to technology to help diagnose issues and generate desired outcomes faster.

Global Ethics Hotlines

When issues arise in an organization, they may not always be known to management or the board. Ethical misconduct, fraud, safety concerns, theft, and other matters, if left to fester over time, could unleash a torrent of negativity from lost revenue, shattered reputations, and serious legal troubles. Not to mention a withered workplace culture.

When the board supports the use of anonymous ethics reporting by employees, not only will this motivate more employees to come forward to speak up about ethical concerns, but leadership will be able to use the knowledge and data to penetrate into the core of an organization's culture to really see what's going on. Diagnosing issues sooner will help boost the culture in the right direction, thus positioning the organization for success.

Board Portal Software

Board members are not always in the same place at the same time. Without the use of secure tools to help bring the board together, there is potential risk that directors may not receive information at the same time or be able to collaborate efficiently. This is not good governance, nor does it help build a positive culture.

Governance and management tools help boards ensure that all members have transparent and equal access to all communication and documentation in one place, thus ensuring fairness and accountability in board decisions. It’s the way leaders engage in everyday business and how the best decisions are made.

Organizational culture is closely related to how employees are treated. Management will look to the board for guidance and direction. This then translates into how management leads employees and guides them in their day-to-day work. Culture is the personality of an organization and is critical for its success.

Learn more about Aprio's, board portal software.

For more information on global ethics reporting and case management, contact WhistleBlower Security.

Contact us and let's have a chat!

Sources:
https://hbr.org/2002/09/what-makes-great-boards-great
https://www.ey.com/en_ca/board-matters/five-ways-to-enhance-board-oversight-of-culture
https://www.winnipegfreepress.com/business/boardroom-grows-corporate-culture-494025031.html

photo Amanda Nieweler

Amanda Nieweler

Amanda writes for WhistleBlower Security about ethics, compliance, workplace culture, and whistleblower hotlines. Amanda brings her nearly two decades of risk and compliance experience to the WBS blog where she is dedicated to helping people and companies promote speak-up cultures.