Is your board up-to-date on how it should help your company with the diversity policy? In the corporate governance guidelines of many countries, it is recommended that the board be responsible for setting and reaching ambitious diversity goals. Relevant diversity in the company helps lay the foundation for good business performance and creates a diverse
Does your board know how to engage well with stakeholders and report on this important activity? As many companies know, the UK has a long tradition of having a corporate governance code which includes detailed guidelines on how the board should engage with and report on involvement with stakeholders. More and more countries are following
Has your company remembered to include in your Annual Report, the right information regarding your 2022 board evaluation? In the article below we highlight some good examples. Every year, Leadership Advisor Group does in-depth desk research to understand how companies are reporting the procedure and conclusions of their annual board evaluations. Good reporting shows transparency
To be among those with top class boards of directors, companies should continue to improve how they evaluate their boards and how they report the findings During 2022, Leadership Advisor Group analyzed how well the Danish C25 companies met the recommendations for conducting and reporting board evaluations. These companies often serve as role models for
Is your board prepared to deliver on this new Corporate Governance recommendation? It is clearly stated in the new Danish Corporate Governance Guidelines section 2.1.1 (page 15) that by end of 2021, the boards of all publicly listed companies should demonstrate that they have considered the company purpose and ensured and promoted a good culture
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 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 websites and annual reports. Others may not have realized what an important opportunity they are missing. Describing the significant
To be among the companies with top class boards of directors, Danish companies should be evaluating their boards annually and with a high quality process. The guidelines as of April 2020 strongly recommended the following: • That the board of directors establish an evaluation procedure for an annual evaluation of o the board of directors
Do you know what process to use and topics to include in your board evaluation? Review our checklist for your board evaluation below. Your overall goal should be to create a foundation for an open discussion of how to continuously improve the work of your board. You also want to evaluate whether the board has the
Advice for boards and top management teams The articles in this section are a based on Leadership Advisor Group's expertise built through years of experience improving board and top team effectiveness by addressing processes, governance, and team dynamics as well as identifying and developing the key strengths of individual leaders. Our ambition is
