On the side of advisory projects, the Yemeni Institute of Directors implemented the governance project of Al-Diaa National Group for Trade and Industry Ltd. on June 25, 2022, after the group submitted a request to the Institute to implement one of the advisory services, which is diagnosing governance practices, through which the group will be able to know where it is now? And where is the position you want to reach? In essence, they are two questions: “Where are we?” And “Where do we want to be? As it enables it to measure best practices in various key dimensions of governance and to develop a plan to improve the performance of the group’s governance internally, the project went through several stages as follows:
The Institute’s advisory team obtained several basic files on the group.
– Coordination to attend a workshop that included specialists from the group on the board of directors, in addition to a number of the group’s employees, during which the diagnostic session was carried out in the presence of the owners, the general manager, the financial director, the director of human resources, internal audit and risk management.
– Unpacking and analyzing the data of the diagnostic tool for governance practices within the group.
– Read and interpret information to conclude.
Preparing a report on the results of the diagnosis that includes recommendations for improvement, which will form an action plan for governance applications in the coming stages.
