Firm Governance

Sound governance practices and efficient organizational structures
provide a flexible platform for smart growth

[ Firm Governance ]

We help to strengthen firms through the development and implementation of:


Organizational Structure, board structure, and best practices


Role clarity among shareholders, principals, and the board


Board training and on-boarding


Flexible shareholder agreements


Cutting edge leadership skills development workshops


Coaching, leadership advisory services and decision support

[Board Practices ]

High performing firms invest in developing clear and aligned governance
practices and expectations

The Governing Process

Too many firms report that their governing process is not working well. Boards tell us
that they are legally, morally, and ethically not fully exercising their duties to ‘direct and
protect’ the firm. Some boards too often spend their time on the trivial and unimportant
or they confuse management and governance.

Greenway has expertise in helping firm leaders re-align their Boards in order to leverage
the power of effective governance.

Our in-depth services for AE Boards include:


On-Line Board Effectiveness Assessment


Board Charters


Best Practice and Board Mechanics


On-Boarding New Directors


Authorities and Accountability Matrix


Director Criteria and Election Facilitation

The Governing Process

We help firms identify gaps in their Board effectiveness and develop these 7 attributes of successful governance practices: 

  1. Establishing the organizational core values and Board Charter
  2. Setting policies that enable an outcome driven performance culture
  3. Establishing a crystal-clear vision with accompanying strategy and
  4. Fostering a future focused Board culture
  5. Selecting new firm and Board leadership
  6. Evaluating the performance of the executive leadership and setting incentives that encourage long term performance
  7. Possessing risk intelligence along with smart action policies that create ongoing relevance

[ Organizational Structure ]

Firm organizational structure must reflect and reinforce the firm’s long-term
vision, values, and desired culture

Alternative Business Structures

We help firms to efficiently and methodically delineate and weigh the pros and cons of
alternative business structures and organizational forms and the interrelated impacts on
staffing, leadership models, and workflow processes.

Armed with a customized set of goals and benchmarks, firms can then refine
organization structure that is optimized for the way in which they conduct business.
Greenway helps simplify owners’ consideration of the interrelated financial, tax, and legal
elements of alternative corporate structures including personal corporations, C-
corporations, S-corporations, LLCs, Partnerships, and ESOPs.

We have advised many ESOP-based AE
practices and we are familiar with the
special cultural, structural and valuation
nuances of ESOPs.

We frequently serve as a team leader to integrate and interpret the advice and
recommendations received from the firm’s tax, accounting, human resource, and legal
advisors in order to design and implement an agile and resilient organizational structure.


Greenway can help your firm to strengthen its governance practices in service to great design.

  Explore Additional Resources

Firm Governance: Case Study

Turning Policy into Performance

Winning Strategies fo Best in Class