A governance division the board had stopped trusting
- Where
- Arivia.kom, a 1,500-person South African technology group, 2006 to 2009
- Problem
- A skeleton division, low morale, 336 open audit findings and a board that had lost confidence.
- What I did
- As Head of Governance and Chief Audit Executive I rebuilt the division and designed a funnel that pulled every problem into one ranked view for the executive. I sat on the turnaround team with the CEO and CFO.
- Result
- Open findings down from 336 to 43, and the average fix time from 258 days to 52. The group went from a loss in 2006 to its best results in 2008 and 2009, and kept its ISO certification.