building trust NFPs

Building trust in NFPs: applying the lessons from Royal Commissions

Whilst financial success is a potent draw card for corporate organisation’s to attract investors, for NFPs, attracting donors and new members is a matter of trust. The sustainability – and indeed viability – of NFPs into the future rests not just on operational and mission success, but firstly on the trust factor. The recent Royal Commissions and their findings highlight …

future-focused directors

Characteristics and skills of future-focused directors

There’s little doubt we are within an era of change. Boards need directors equipped with the skills and characteristics to manoeuvre and manage in a complex and swiftly moving environment. The message coming through is that Boards must be agile – able to adapt to changing conditions – and at the same time ensure they remain true to their organisation’s …

governance wish list

The 12 days of good governance: a director’s Christmas wish list

As we approach the end of 2018 and consider the extraordinary year it has been in governance in Australia, it’s understandable that directors might be looking forward to a break. In a year that brought us a hefty and ground-shifting royal commission that called into question the effectiveness of boards and put director duties under the spotlight, we may well …

new board director

Five tips for newly appointed directors

Whether you’re a seasoned director, or fresh to the role, being elected to a board for the first time is a little like starting at a new school: you have plenty of potential to contribute but you don’t yet know how you fit in. With the end of the AGM season comes the flurry of new board appointments as positions …

remuneration

Profit or purpose: the remuneration conundrum facing directors

The age-old conundrum of which comes first, the chicken or the egg, has come home to roost in corporate boardrooms with the question to be asked: which should come first, shareholders or customers? While it would be nice to think the two weren’t mutually exclusive, the early findings from the Hayne royal commission into the banking and finance sector has …

school boards

It’s not just the three R’s anymore: maximising the value of school boards

As the academic year approaches the end, and teachers begin to assess students and write up report cards, it’s timely for school boards to also consider their performance and position. While the act of going to school has barely changed from the industrial age, the issues facing schools and those tasked with managing them has shifted significantly. School boards now …