In terms of working relationships, there are none more important and potentially ambiguous than that between the Board Chair and the company CEO. Although a complex relationship, it is key to the successful functioning of the Board and the executive. However, the relationship often becomes too comfortable or not close enough. In either of these cases, the result is a …
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 …
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 …
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 …
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 …
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 …
