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Lean, transparent and ethical
- Good governance adds value. It is lean, transparent and ethical, focused on tackling operational challenges in ways that complement the big picture vision. It always seeks the best outcomes for stakeholders and is never content with merely staying out of trouble. The best boards continually question their own governance.
www.good-governance.org.uk/publications/insights/the-basics-of-good-governance
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Jul 10, 2024 · A collection of insights for corporate boards, CEOs, and executives to help improve board effectiveness including: board composition and diversity, board processes, board strategy, talent and risk management, sustainability, and purpose.
- Strategy: Don’T Just Approve it. Measure It, Check It, Change it.
- CEO Performance: Move on When Things Don’T Work out.
- Board Composition: Address The Elephant in The Room.
- ESG: Be Ready For The ESG Tsunami.
It’s management’s job, of course, to set company strategy. But board oversight is absolutely critical, and to really get it right, many boards could be even more involved. Directors see this, and many told me so in our conversations. Specifically, boards could spend more time analyzing strategic options that were considered and rejected—not just th...
While the board is tasked with oversight over the entire company, the most important piece of that job, by far, is hiring, overseeing—and, sometimes, firing—the CEO. Having the right leader in place really is the most important thing. Even if everything else at the company is perfect—great market positioning, strong technology, good products, vibra...
Large investors and others have been focused on board composition for years, and corporate boards have come a long way in terms of their diversity and their range of skill sets. By and large, boards look different than they did a decade or two ago—but it’s not enough. Boards need to not only diversify and bring in new directors, they also need to h...
ESG dominates boardrooms today. Directors tell us that ESG is the number one topic shareholders want to discuss directly with directors. But my discussions highlighted that boards are just beginning to understand the topic, and oversight varies wildly. Some boards have just begun to incorporate ESG into their strategy and processes. Others have est...
What Makes Great Boards Great. In the wake of the meltdowns of such once great companies as Adelphia, Enron, Tyco, and WorldCom, enormous attention has been focused on the companies’ boards...
Sep 9, 2016 · To help CEOs and board chairs, as well as executives and directors, build strong boards, this CEO guide synthesizes multiple sources to make quick sense of complex issues in corporate governance, while focusing on four areas that are essential for building a better board.
Board governance refers to a dedicated governing board’s decision-making process and oversight. Organizations typically hand-select board members to hold the organization accountable for carrying out its mission and ensuring the right strategic direction.
Nov 17, 2023 · To help you create board governance that works, this article will explain: What board governance is and why it’s important. The role of the board in governance. Common board governance structures. Elements of board governance. Integrating board governance software.
Nov 10, 2022 · In this article, we’ll look at how to define board governance, what makes it so challenging, and the best practices that today’s business leaders should be following to build ethical, compliant, and successful organizations.
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Unsure How To Tackle CSRD? Discover How Workiva Can Help You Comply Easily. An On-Demand presentation from Workiva & PWC explaining how to achieve CSRD compliance.
