How is your company doing in terms of enterprise risk management? Are your top execs and board aligned on company risks and how to handle them? For many companies, this is an area ripe for continuous improvement. Part of the board’s role is to oversee this process, ensuring that major risks are identified and mitigated.
Questions the Board should ask the CHRO (to ensure talent management rather than crisis management!) One of the board’s responsibilities is to help ensure leadership talent, so that the company has the human competencies to execute its strategy. For this reason, the board needs to feel confident that the company is promoting, recruiting, and retaining
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
Are you new on the board of directors? Is this your first board member role? Do you feel like everyone else knows the ropes, and you aren’t sure quite where to contribute or how to add value? Here is some of our advice for first time board members. Leadership Advisor Group helps companies find
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
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
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 sometimes seen as a “tick the box” exercise. A few boards even try to handle assessment of compliance in one meeting, as if
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
