So, what is governance? Before I share what the Governor Interviews have taught us about good and bad governance, here are three widely used definitions of governance. OECD “…a set of relationships between a company’s board, its shareholders and other stakeholders. It also provides the structure through which the objectives of the company are set and
Failing Governance Impacting Our WorldThis and other recent cases raised questions like: Who was to blame? We live in a world where someone must be held to account when things go wrong. Was it the board of directors? As is commonly known, the buck stops at the top. So is it the board or the CEO that should take
How to… Appraise the ChairI was recently asked to support an organisation with a chair appraisal process and realised the importance of documenting the process as it forms a key part of good governance structures in any sector. This information will benefit you in your role as a NED but also as a chair as you will come to
Corporate Reforms and Board BehaviourA number of crises in private and public bodies – from the credit crunch ten years ago to, perhaps, Grenfell Tower can be traced back, wholly or in part, to failures in corporate governance. It is 25 years since the publication of the Cadbury Report which was the forerunner to today’s UK’s Corporate Governance Code
Positive Change for our Boardrooms – ForeverPeacock: “Have you heard? The Governor has written a book called The Effective Board Member and I’m the central character!” Bee: “I think you’ll find we’re ALL in it.” Peacock: “Let’s be honest. With my experience I am bound to be the focus of attention, but I expect you three have supporting roles. It would
Effective Board Members – Leading Organisations to new Heights of SuccessGood governance is the key to the success of any organisation. A well-governed business in the private sector enjoys financial success and growth in a sustainable and ethical way. In the public and voluntary sectors, the governance and leadership of organisations can literally mean the difference between life and death. Good or bad governance affects