Reading time this month – 4 minutes In Caribbean and West African Folklore there is a character called Anansi who is seen to be the quintessential embodiment of wisdom. Often portrayed as a spider in the stories that bear his name, the tales in which he features use clear and simple messages to offer readers
How and Why Boards Need to Adopt ‘Black Box Thinking’This does not mean that I am not suggesting that the codes, tools and working practices they follow are not working, nor indeed that they are not necessary, but every time I hear about a failure it’s clear that something must be missing. When I read Matthew Syed’s book Black Box Thinking, I understood that
Reviewing a Year of Governance: Best Practice and Top Tips for Boards and NEDsSo, in this blog post I’m looking back at the subjects I’ve covered in 2016 which I hope will encourage you to reflect on your progress as well as helping you focus on steps that will help you to become a more effective governance practitioner. Chairing Meetings Effectively In January I looked at the role
An Outcome Based Approach to Corporate ReportingIs 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 FrameworkMy 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 DirectorIt’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