Viewing articles tagged 'governance'
Needed but too challenging? Email for a free simple self appraisal for you and your board.
Complete it confidentially in your own office. Takes only ten minutes. Then for a summarised result, email back to the Board Secretary, Chair, or to me if complete privacy is desired.
The outcome? A sound basis for setting Board development goals that will blow your mind how effective and simple it is.
Eric Livingstone
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Tags: Board Member, Board Risks, Boards, Charitable Trusts Pre-Schools and Societies, Governance, Mature and Established Companies, New and Growing Businesses, Performance, Risk
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The audacity and the sheer size of the corruption in FIFA staggers us. And as Joe Bennett in the Press recently commented, isn’t this what can occur in business too with major international banks fined for fixing exchange rates or recycling vast sums of drug money....
Each organisation has different requirements for an effective board composition on which to base the selection and appointment of new board members. Also to be considered is that the replacement of long-standing board members risks the loss of key skills and leadership which needs careful planning during the selection of new board members....
Potential new Board members need careful vetting for their suitability to fit the culture of your organisation and if you want to improve the effectiveness of your Board. Taking extreme care in the selection and appointment of a new Board Member is as important as that for a senior Manager....
A well prepared and thought out induction programme for new Board Members can be very valuable to enable their early and sound contribution to the Board’s deliberations. Such an induction can also give Board Members a rare chance to visit and explore the organisation at the grassroots level which will add a deeper understanding of Board decisions in the years ahead....
When a Manager is appointed, various expectations over achievements and behaviour will have been negotiated and together with developing a no surprises process of performance reviews this provides a sound basis for building open collaboration and trust between the Manager and the Board....
We often appoint someone as chair because everyone likes them, they are popular, and they get on well with everyone. Is that why some boards and committees fail to achieve what they set out to do? A key factor to successful boards is that they have chairs who ensure things get done, who target the strategic issues, and who ask the ‘difficult to ask’ questions....
It was a very sober observation from the owner and director of a fishing company whose vessel sank and was convicted in court recently, concluding that is not worth it to be the director of a family company when you were not really involved in its oversight....
This month has seen the first of our placements of a Board member under training, to a governance committee urgently needing some external objectivity and focussing on developing their governance capability....
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