One of the most important challenges for board members is to build a foundation of trust - with management, the investment community, regulatory agencies and the public. The stakes are high and the margin for error is low. While new standards are emerging, one thing remains clear: the responsibility for adopting sound governance practices has been placed squarely on the shoulders of corporate directors and officers.

Using KPMG's Board self-assessment framework, GRCS professionals have analysed leading governance practices and can leverage this learning to help your board assess its governance practices in the context of the business environment and your company's key business risks to determine whether the board is positioned to fulfil stakeholder needs.