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      As the business and regulatory landscape continues to evolve, organizations face unprecedented emerging and systemic risks – digitization, globalization, increased regulations and stepped up global enforcement – all of which are impacting the confidence level of risk oversight.

      Business leaders are constantly challenged to balance the pursuit of corporate performance objectives while maintaining compliance with regulatory requirements. As a result, many organizations are seeking answers that will help them align corporate strategy and culture to protect financial and reputational assets, as well as enhance business value.

      They recognize that, in both the short and long term, successful companies will be those that can manage risk, drive business performance and achieve regulatory compliance in an environment in which these outcomes must be managed strategically and with agility.

      KPMG's Board Advisory Services (BAS) supports business leaders to further understand their corporate governance responsibilities and improve their performance and governance standards. We equip boards and C-level executives with the tools needed to tackle the key issues impacting their ability to drive strategy and governance.

      BAS offers a selection of services across leadership and culture, strategy and performance, accountability and audit as well as stakeholder engagement that can be tailored to the specific requirements of boards, committees and other board-appointed governance bodies including board training, corporate governance structure reviews, corporate governance disclosure reviews, board performance evaluations and board assurance frameworks.

      Pillars of governancePossible challenges faced by organizationsHow KPMG can help
      Leadership and strategy

      Business strategy not defined/articulated

      Organizational capability does not support business strategy

      Board structure not efficient or effective

      Roles and responsibilities for boards/board committees/directors unclear

      Family relationships inhibit decision making

      Strategy development/planning processes

      Board composition and structure

      Board/board committees roles and responsibilities

      Board/board committees selection/appointment process (including succession planning)

      Board reporting (for example, through dashboards and aligning those to better practice and industry standards)

      Owner managed business framework

      New Boards: 100 day plans

      Delegation of Authority framework

      Performance and monitoring

      Board/board committee/director performance is sub-optimal

      Culture of board/board committees not open to receiving feedback for continuous improvement

      Directors do not receive regular and/or relevant training

      Performance evaluation framework for board/board committees/directors

      Skill sets gap analysis at Board level to identify/establish relevant skills development programs

      Director training (e.g. corporate governance obligations)

      Accountability and audit

      Key risks not identified and managed in an appropriate manner

      Sources of assurance regarding risk management and internal controls not clearly understood

      Group/subsidiary governance framework not defined

      Material transactions (IPT/RPT) involving directors not captured/monitored

      Board Assurance Framework

      IPT/RPT framework

      Governance framework for group and extended entity structures

      Quality Assurance Reviews of the organization's Internal Audit function

      Communications with stakeholders

      Key stakeholders not engaged to provide views on material current/proposed activities

      Key information not disseminated in a timely, relevant or accurate manner to stakeholders

      Stakeholder identification and mapping to key priorities

      Stakeholder engagement plans

      Non-financial reporting frameworks (including performance indicators)

      Our services

      Our Advisory professionals work with the world’s leading organisations to create and protect sustainable business value.

      KPMG firms’ professionals are working with organisations that are already considering how to have the upper hand when recovery comes.

      KPMG’s integrated team of specialists works at deal speed to help you find and drive value throughout your transformation and transaction lifecycle.

      Risk management should be embedded within the culture of the organization so that everyone is focused on managing and optimizing risk.

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      Our people

      Gary Chia

      Partner, Head of Consulting

      KPMG in Singapore


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      KPMG combines our multi-disciplinary approach with deep, practical industry knowledge to help clients meet challenges and respond to opportunities. Connect with our team to start the conversation.