not-a-problem
Energy · 2025

Joint venture governance out of spreadsheets

Board meetings, minutes, and open actions for every joint venture tracked in one place, ready for audit.

Area
Legal, Compliance

01The problem

Legal tracked joint venture governance in spreadsheets with several tabs, covering registration, meetings, minutes, and audits. The information depended on whoever held the file, and knowing whether a joint venture was up to date meant building the answer by hand.

Overview

How the solution works

People Legal runs the cycle Board members attend and takeactions Compliance checks readiness Inputs Agenda and invites board calendar Active agreements each JV's obligations Outcomes Approved minutes with actions andowners Audit readiness per JV Process 01 Register JV 02 Schedulemeeting 03 Prepare agenda 04 Hold meeting 05 Record minutes 06 Track actions Solution JV master data Meetings, minutes andactions Readiness dashboard
  1. 01
    Register JVLegal · runs the cycle
  2. 02
    Schedule meeting
  3. 03
    Prepare agenda
  4. 04
    Hold meetingBoard members · attend and take actions
  5. 05
    Record minutes
  6. 06
    Track actionsCompliance · checks readiness
SolutionJV master dataMeetings, minutes and actionsReadiness dashboard

02What we did

A system with each joint venture's record and, linked to it, the meetings, minutes, open actions, and audits, following the full board meeting cycle.

03What changed

Each joint venture's status is now checked on a dashboard, and the actions from each meeting reach whoever has to resolve them.

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