advice for boards of directors

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Does your board have a backup plan for replacing the CEO?

Did you know your Board is responsible for having a plan for who can succeed the current CEO in short and long term? 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

Does your board have a backup plan for replacing the CEO?2022-06-22T15:54:29+00:00

Using the Governance Code to boost trust in your organization

This report from the UK Financial Reporting Council (FRC) provides good inspiration for boards of directors of listed European companies, on why and how to move away from treating governance reporting as simply a compliance exercise, using it instead to build transparency and stakeholder trust. For the 2nd year, the FRC reviewed how a random

Using the Governance Code to boost trust in your organization2022-03-16T11:05:23+00:00

How to improve the quality of your board papers

Time after time, board members tell us that too much time is spent during board meetings hearing from the CEO and the CFO or having overly long discussions on small side issues, leaving too little time for strategic discussion. Focus is on the past, on reporting latest financials or on resolving immediate operational issues, at

How to improve the quality of your board papers2022-03-14T10:58:51+00:00

Does your board focus on the KPIs that matter most?

Does your board focus on the KPIs that matter most?  As human beings, we tend to stick with what we are used to and what we know works well. The same goes for boards and the company KPIs they monitor. When working with boards, we ask what KPIs (beyond traditional financial figures) will tell

Does your board focus on the KPIs that matter most?2021-10-08T09:11:35+00:00

Do you have an effective board meeting agenda?

Business strategy solution jigsaw puzzle Is your board or leadership team meeting agenda really addressing the key strategic questions?  In our work with boards and top teams we see a magnificent number of meeting agendas! We notice that the level of innovation in terms of creating a real value-adding meeting agenda can

Do you have an effective board meeting agenda?2021-09-29T13:13:25+00:00

Measuring company purpose culture and values

Does your board know how well the company purpose, culture, and values are embedded in the organization?  Board members on the forefront agree that company purpose, culture, and values are significant levers of profitable long term company growth. If defined and implemented well, these can be strong driving forces guiding the strategy and decision-making

Measuring company purpose culture and values2021-09-10T14:27:06+00:00

Why and how to write a Board Committee Charter

Why your board should have written, updated Committee Charters Do your Audit, Nomination, Remuneration or other committees have written, updated charters setting out the roles and responsibilities of each committee? Have these been discussed and agreed at board level? As described in our recent article What is a Board Charter and why is it

Why and how to write a Board Committee Charter2022-04-20T07:16:31+00:00

Why and how to write a Board Charter

Definition of a Board Charter, and why your board should have one  What is a Board Charter? Should your board write one? This article explores the definition and benefits of the Board Charter, a document which is extremely useful for aligning expectations but used less frequently in some countries than in others. Definition A

Why and how to write a Board Charter2021-06-16T08:47:25+00:00

Why and how to evaluate board performance and build better boards

Here are examples of modules to consider for an in-depth third-party / external evaluation In the current environment of rapid change, boards are asked to play an even more crucial role in steering their companies through turbulent times. This means that ensuring the right non-executives are at the table and maximizing the board’s effectiveness

Why and how to evaluate board performance and build better boards2022-05-02T09:35:31+00:00

Why should your company publish details about your board of directors

Why and how to describe your board members to the public? Companies don’t always do a great job of describing their boards of directors to the public. Some probably forget to review the texts on their website. Others may not have realized what an important opportunity they are missing. Describing the significant experience and track

Why should your company publish details about your board of directors2022-04-05T14:31:40+00:00
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