On 17 September the Financial Reporting Council (FRC) issued the latest version of the UK Corporate Governance Code (the Code). Who does the FRC Code apply to? The FRC Code applies to all publically listed companies, which must report on whether they have complied with the code, and provide an explanation for any areas in which …
Love them or hate them, the vast majority of work done by boards is done in meetings. Knowing how to have effective and productive meetings is a key skill for any board team. This involves having the right content, in the form of a well thought out agenda, informative briefing papers, and challenging discussions regarding …
Mandatory governance training for Board Members I can almost hear the groans and the chorus of “not again”. And yet just this week, we have heard of trustees being suspended from the Disabled Police Officers Association of Northern Ireland, a second chair stepping down from the child abuse enquiry, and the launch of a criminal …
In the third of our series on effective board meetings, we’re looking at board papers. We know that the board pack should be distributed at least a week in advance of the meeting. What should Board Papers contain? 1. Meeting notice The meeting notice is the covering letter for the board pack. It should state …
I love my allotment. You have a lot of time to think when you’re digging, weeding and watering. And it hit me that there are several parallels between keeping an allotment and governance. Here are my top 10 things my alottment has taught me about Corporate Governance – 1. Preparation is everything When I first …
10 Things my Allotment has Taught me About Corporate Governance Read More »
This week we were chatting about some of the boards we’re working with. We were teasing out the differences between the inspiring ones and the boards which are struggling. We’re certainly convinced that the Chair has a key role in leading board brilliance – they set the tone and lead by example. We came up …
Board members are tasked with many responsibilities – determining strategy, monitoring performance, agreeing acceptable risks and ‘setting the tone’, to name but a few. Arguably the most important task for any board is recruiting the right CEO. The CEO is the leader of the staff team, the face of the organisation, and the interface between …
So you were inspired by our last blog to put a board development plan in place but you don’t know where to start? This cheat sheet will help you put a structure on your board development plans. Leading Governance Ltd. specialises in all forms of Board Development, from small and large nonprofits to multinational corporations. …
Introduction There are many attributes which combine to make a terrific Chair. Like all great leaders, it is easy to recognise an effective Chair when you see them, but pinning down what they have in common can be a bit more difficult. The following list highlights the top 10 attributes we think all great Chairs …
Here are our 10 easy ways to improve your board 1. Insist on 100% attendance. The easiest way for all of your board members to know what’s going on, contribute to discussions, and make better decisions is for everyone to be in the room. 2. Introduce a board calendar Set dates for your board and …
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