An Outcome Based Approach to Corporate Reporting

Is this scenario a familiar one? It’s that time of year again to produce the annual report. The accounts and statutory notes are circulated by the accounts department amongst the executive team for comment. The narrative includes words underlined from last year’s reports. Your team is asked to include this year’s figures in the spaces

How To… Review your Governance using the TGF Framework

My work and research with over 100 organisations and more than 500 EBM Programme participants around the world has helped to establish the key principles of the TGF Framework which are: 1. Resources 2. Competency 3. Execution Briefly, the resources element of governance framework includes ensuring that every organisation has all the required documentation which

How To… Be an Effective Non-Executive Director

It’s been 13 years since the publication of the Higgs Review which examined the role of a non-executive director (NED) on the board. With boards now having to consider more than traditional compliance, stewardship and strategic functions, the role of the NED is even more critical. Board members should be considering Emergent Strategy, Generative Governance

The CORE Assurance Framework

As a board member, has this thought ever crossed your mind? “The buck stops with me so I reserve the right to check what I want, ask for what I want, in as much detail as I want, at a time that’s convenient to me.” An effective board member will always be keen to ensure

The 7 Traits of Highly Effective Board Members

Reflective practice is a crucial part of good governance as it helps us to learn from mistakes and best practice, to determine the differences between good and poor governance and to help us in the training and development of existing and future board members.   More importantly, being aware of how effective you are as

Critical Governance Part 2

Don’t make the mistake of thinking that you have to be Sony pictures to be exposed to a cyber risk! Do you recall the group calling itself Guardians of Peace (GOP) and demanding that Sony’s controversial North Korean comedy The Interview be pulled from release? “The FBI Director, James Comey, has stood by the Bureau’s

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