What is your board’s role in company strategy? The board of directors exists to safeguard the company’s and stakeholders’ interests and ensure value creation in the short as well as long term. As part of that role, it is responsible for the company’s strategy and for following up on its execution. So HOW should …
How to involve your board at the right level in company strategy Read More »
Did you know your board is responsible for evaluating and strengthening implementation of the company’s diversity policy? In the corporate governance guidelines of many countries, it is recommended that the board be responsible for ensuring relevant diversity in the company, not only on the board itself, but also within top management and at the …
The board is responsible for diversity at the company Read More »
Boards and companies often feel weighed down when handling and reporting on corporate governance. It can seem like a heavy burden to comply with the recommendations / code and is often taken as a “tick the box” exercise. Sometimes boards even try to handle assessment of compliance in one meeting, as if that will …
Boards should value the chance to improve corporate governance Read More »
Boards are becoming accustomed to annual evaluations, but they do not always evaluate the board chair. It can be tough to evaluate the board chair, so here are some considerations on how to do it well. The chairperson’s leadership of the board is critical, as it is his or her ability to set the …
Questions the Board should ask the CHRO (to ensure talent management rather than crisis management!) One of the board’s responsibilities is to ensure that the company has the human competencies to execute its strategy. The board needs to feel confident that the company is promoting, recruiting, and retaining competent leaders and paving the way for …
Did you know your Board is responsible for having a backup plan for replacing the CEO? Imagine this scenario: You are on the board of a large, publicly listed company, and the CEO of the company unexpectedly resigns, or worse, becomes ill or unable to perform the CEO duties. It is the board’s responsibility …
Backup plan for replacing the CEO: does your board have one? Read More »
The latest governance guidelines for corporations and foundations can be hard to locate, so we’ve collected them here for you.
