Our blog on ‘Succession Planning for the Chair of the Board’ highlighted the importance of the Chair role and the skills, experience and behaviours needed; the ability to lead the Board and liaise with the CEO/MD on behalf of the Board is essential for successful governance. What should the Induction Process for the Chair of …
Most of the Boards we work with mention the word ‘trust’ at some point. Either trust has been lost during a dispute or difficult meeting, or trust has never been built up in the first place. Our top 6 tips to Build Trust in the Boardroom: Review, review, review! The Board should reflect at least …
In almost all of the governance failures we read about, at least some of the directors are reported to say ‘I didn’t know what I didn’t know’. Perhaps they were unaware of unethical practices by colleagues, a bullying culture in the workplace, or inaccurate information given to the Board or other key stakeholders. …
How often do we all ask ‘Who is holding company directors accountable for their actions (or lack of actions)? The failures of big companies in recent years, including Carillion, Thomas Cook and BHS, have rocked the confidence of both the public and investors. When big companies go down, the impact is felt by many smaller …
Restoring Trust in Audit and Corporate Governance Read More »
When we think of formal processes like internal audit, sometimes we only think they apply to large and complex organisations. There can be real benefits to all organisations, provided the processes introduced are proportionate – don’t use a sledgehammer to crack a nut! Here are out top 7 tips for introducing Internal Audit: 1. Agree …
A Board Away Day – Why bother? 21st century governance can sometimes seem overwhelming. Funders, staff, volunteers, clients … all demand more of Boards these days and, particularly if our Board role is a voluntary one, the demands can seem onerous. The best Boards we know simplify things by investing some time in planning and …
Succession Planning for the Chair of the Board – An Introduction We often get requests, usually from Chief Executives, about how to plan for a new Chair of the Board. Often the Articles of Association just say “The Directors/Trustees may appoint one of their number to be the Chair of the Directors/Trustees for such term …
Board Focus – Introduction Over the last 20 years, we’ve seen a big shift in where Boards focus their energy. Where compliance and number crunching were their key interests in the past, great Boards have recognised that it’s equally important to know how people behave in the organisation, and what impact that has on others. …
Many organisations organise an annual retreat or away day for the board. While some have been criticised as being a frivolous luxury, an away day can be just what the doctor ordered to develop an agreed vision, encourage fresh thinking, build morale and promote positive relationships. So why do board away days have a bad …
The annual board away day – essential for board development, not a wasteful luxury Read More »
Did you ever think about speaking up in a board meeting and then decide not to because you didn’t want to be impolite or seem like a misfit? If so, you may have been a victim of “Groupthink”. Groupthink is a phenomenon that occurs when the desire for group consensus overrides people’s common sense desire …
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