HOW WE CREATE VALUE
Stakeholder engagement and value creation
LEGEND
Expectations met
Improvement required
Worsening
Improving
Stable
Expectations met
Improvement required
Worsening
Improving
Stable
SAICA BOARD
How we Engage; Their role in value creation; and how we address these interests
Their material interests
- Relevant, accurate, timeous information and reporting
- Achievement of strategic objectives
- Improved governance and ethics
How we engaged
- Quarterly Board and sub-committee meetings
How we addressed needs and interests
- Formalisation of the Education and Assessment Board sub-committee
- Good progress on SAICA strategy execution
- Input to the SAICA strategy formulation 2024−2028
Risks/opportunities
- Transparency; inaccurate reporting; under-performance; poor decision-making; potential liability for directors; integrated business planning
- Forward planning of committee’s focus for the year ahead
- Leverage skillset of directors as SAICA continues to transform on its path of digitisation and digitalisation
Strategic response
- Proactively engage with the Board on matters of strategic importance
- Timeous and accurate reporting for effective decision-making
- Commitment to execute strategy and achieve strategic objectives
Key metrics and objectives tracked to monitor value delivered
- Board evaluation
- SAICA Board engagement score
= 83% (FY 22: 83%)