‘Digital transformation’ has been an ongoing theme in business over recent years.
In financial services, for instance, as we explored in a recent blog, digital transformation is a concept which has now become central to a successful business strategy.
It has led to faster, more cost-effective operat..
Portal technology is making the process of producing and hosting board papers easier and more professional than ever.
As a result, more and more boards are moving to a portal-based approach. But with a myriad of solutions and suppliers in the market, how do you know which one to choose?
Here we out..
A recent study by consultancy Green Park found that improvements in diversity among FTSE 100 firms is ‘flatlining’.
The research found that only 3.3% of FTSE100 Chairs, CEOs and CFOs are black, Asian and minority ethnic (BAME) – a number that has shown no improvement since 2014.
What makes a truly successful board? There’s no doubt that some boards perform their duties more effectively, and with more impressive results, than others.
What stands these boards apart from their less successful counterparts?
While every board is different, there are a few factors and traits that..
Corporate governance is always a topical subject.
In a rapidly changing world, what should corporate governance look like? What areas should the board focus on? How can they drive their organisation in a direction that’s compliant with regulations and in tune with public priorities?
Just six of the FTSE 100 currently have female CEOs, according to the ICAEW. As of August this year, there were more men named Steve heading FTSE 100 firms than there were women.
The importance of diversity in the boardroom has long been recognised. Having a range of views enables boards to make rou..
Behavioural biases underpin a lot of what we think, see and do.
Boards, of course, are just groups of people, and as an entity, are vulnerable to the same weaknesses as individuals. Working as a group may in fact make board members more, not less, susceptible to the dangers of groupthink and other b..
Voting is the way boards make decisions on organisational strategy and many other issues.
Formal votes tend to follow a set process that requires a board director to propose a motion and another director to second it. But a wealth of other, less formal decisions also need to be made – anything from ..
Traditionally, remuneration decisions have been made by an organisation’s board and most senior executives.
Today, with an increasing focus on good governance, a specialist remuneration committee is often set up to make decisions about reward. Sometimes this is a subset of the board; sometimes a com..
Increasing numbers of organisations are turning to board portals as their solution of choice for delivering board papers.
This shouldn’t be surprising: a portal-based approach can improve the professionalism of your board packs; save you significant time and money; and make papers more user-friendly..
The function of a board of directors is to asses the business strategy and direction whilst meeting shareholder and stakeholder interests to ensure prosperity. Its role includes dealing with business and financial issues relating to corporate governance, social responsibility and ethics.
Strategy should be the very essence of the board.
The remit of directors – executive or non-exec – should be to identify corporate objectives and put in place actions to achieve them. And in many boards, this is the case.
But all too often, boards can get bogged down in the detail, to the detriment ..
The need for greater board diversity has never been stronger than right now.
The wide acceptance of this need in the world of corporate governance is highlighted, not by the fact that it is a hot topic, but by the interrelationship between positive business performance and workforce diversity. Divis..
The directors and senior leaders who make up your board have wide-ranging responsibilities.
They need a good grasp of all the issues – internal and external – that impact your organisation’s performance, direction and decisions. And with limited time to understand the details of all areas of corpora..
A new survey has fascinating insights into the ways British employees’ time is wasted in meetings.
HR Grapevine reports that over half (55%) of British employees waste time waiting for other attendees to join meetings.
49% spend ten minutes trying to find the meeting room (presumably, some of these ..