Rebuilt board credibility for industry-leading agribusiness
A decade of leadership instability and poor governance at industry-leading agribusiness led to declining performance and lost stakeholder trust.
"Our board of directors is dysfunctional and we don't know how to fix it."
-CEO
An industry-leading agribusiness experienced significant challenges that led to members and key partners losing confidence in the board of directors’ governance skills and capabilities, high CEO turnover, and decline in overall performance. Realize was asked to help transform this organization’s board and governance practices to help restore trust.
Date
March 10, 2024The client
Confidential
The challenge
Board credibility crisis triggered by decade of leadership turmoil
The agribusiness was pushed into a serious, life-threatening crisis. Key partners and members had lost confidence in the board’s governance capabilities after a decade of leadership instability combined with declining business performance.
The solution
Governance transformation and strategic board training to restore stakeholder trust
Realize recognized that there were two key components to this agribusiness’ challenge: 1) identifying and responding to risks and gaps in existing governance practices; and 2) restoring trust in the leadership capabilities of the board.
Our approach and methodology
Confidence in this agribusiness’ board needed to be restored along with modernizing the organization’s governance practices.
Realize conducted a comprehensive governance audit, including a detailed review of corporate bylaws and in-depth interviews with board members, producers, and key partners. To address identified gaps and weaknesses, Realize developed essential bylaw amendments and a new governance model that enabled the board to finally act on critical strategic decisions that had been stalled for over a decade. Through custom governance training, Realize aligned current board capabilities with modern best practices.
Under Realize’s strategic guidance, the board passed all bylaw amendments within one year and began executing on decisions that had been deadlocked for years. The organization shifted from reactive governance to proactive leadership, with stakeholders reporting renewed confidence in the board’s strategic capabilities. This transformation not only resolved immediate challenges but positioned the organization for sustainable growth.
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About us
Realize Solutions is an award-winning B Corp-certified team that designs practical solutions for organizations with complex problems in the areas of board governance, organizational development, and people.
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