Committees
Support for management and board committees
We can provide our experience in the form of a participant with an external view on specific internal committees, such as ALCO, Investment, ALM, BSM, Risk and Capital Allocation. We also provide assistance for developing effective terms of reference for the committees.
Experienced View
We only attend committees in which we have considerable experience in our assigned role. We provide an experienced perspective with a commercial and pragmatic focus, which includes knowledge on practical and technical aspects.
Company Knowledge
We will sign an appropriate NDA, and can prepare for our involvement in a committee by doing adequate research and investigations into the operations of the company. This way we provide an experienced view, and in an appropriate context.
Pragmatic Functional approach
With deep technical and strategic experience, we are well placed to support the committee to delivering results in the current environment, and take a pragmatic view that is fit for the circumstances. This can assist the committee in finding solutions that deliver results quickly, and avoiding certain pitfalls.
Commercial & Risk view
Our experience provides us with a strong commercial focus, rather than just technical matters. Similarly, on risk committees, we can provide a balanced view that consider a range of technical and practical nuances.
Developing Committees & ToR
Experienced in establishing and running committees in our practice areas. We can provide support on designing and implementing practical terms of reference to ensure an effective committee, as well as assisting with running and establishing the committee.
Strategy meets Technical
We have extensive technical expertise and experience at top-level committees, which allows us to distill the key technical factors into strategic points. Similarly, we can contribute by noting key technical areas that would have to be considered for a given strategy. This experience is particularly useful for engaging senior committees on emerging technical issues which have significant implications. We can provide support for committee preparation material, as well as during the meeting.
Shifting business focus
As the focus of a business shifts (say to M&A growth, or top-line growth), there may need to be a corresponding shift in the strategic and technical focus of the committee. Our experience can bring support with adjusting to these changes efficiently.
Clear Focus
With our extensive commercial and technical experience, we can assist the committee with a clear focus and direction, and to avoid running into technical areas that are not linked to the strategy. We can do this with either help in the committee preparation, and combined with support during the meetings.
Analysis of problematic areas
Review deeply technical areas that have material impacts to unpack key issues and bring them to the committee at the right business level.
Integrated approach
Our holistic experience across a wide range of areas means we can assist the committee preparation (and meeting) in ensuring that the focus of the points is suitably integrated into wider business and balance sheet matters, as opposed to be more isolated and technical.
Line-2 Support
Support Line 2 with attendance, or integration with Line 1 committees.
Practice Areas
Specialised actuarial consulting. Experienced in capital and value management, ALM, hedging and guarantees, financial modelling, investment strategy and creating commercially attractive solutions.
Workworth is a Level 4 BBBEE Contributor.