Governance by Design founding director Sonya Beyers discusses the role advisory boards can play in the future of good governance in Australia. This year, through a number of opportunities both in Australia and overseas, I have been learning about boardroom dynamics, governance influences that impede success, and drivers of effectiveness. What is apparent is that the operating environment that …
Decision-making in the boardroom: insights from the INSEAD International Directors Programme
Governance by Design managing director Sonya Beyers is participating in the world-recognised INSEAD International Directors Programme, Module 1 of which includes a section on decision-making in the boardroom. Here, she shares some key takeaways in regards to decision-making for directors as individuals and boards as a whole, from the session she attended in Singapore. As directors, decision-making is at …
Power and the people: responsibility of directors to the vulnerable
As directors, we take considerable time and effort to consider the powers and responsibilities of our position on a Board. However, successive Royal Commissions in Australia have presented evidence directors must also consider the power of their position through another lens – the power imbalance that exists between the boardroom and the most vulnerable people that Boards serve. Many a …
ESG for Boards: insights for directors to consider
There’s an abundance of information available on and around ESG factors and the increasing responsibility of Boards to consider each element as part of their decision-making and leadership roles. However ESG remains a complex issue directors seem to be unsure of how to monitor and implement efficiently and effectively. Governance by Design’s managing director Sonya Beyers recently sat as a …
Whistleblower policy: what directors need to know
Australia’s new whistleblower laws are now in effect and by the beginning of next year (2020), certain organisations will be required to have a whistleblower policy in place. This legislation should be seen by directors as an opportunity to strengthen their organisation, and in-particular seen as a way of improving or protecting organisational culture. The saying might be ‘no news …
Leadership excellence for directors: lessons from the Harvard University Trustee Leadership Forum
On the grounds of Harvard University in Boston, there’s a gate, built in 1890, which as you pass through it on entry, you’re greeted with the inscription: Enter to Grow In Wisdom As you walk back through the gate on the way out, a second inscription reads: Depart to Serve Better Thy Country and Thy Kind These sentiments summed up …