Organisation Dynamics: the role of human resources in our boardrooms How to prepare your board for a new era of high HR turnover. Boards need to know that their organisation is best prepared for higher staff turnover coupled with the opportunities and risks that technology places on displacing more jobs. A recent McKinsey article written […]
Henri Eliot: Should your next board member be a geek? By Henri Eliot 12:00 PM Tuesday Jun 7, 2016 Photo / iStock Current research is challenging the view that boards should resist recruiting too many technology specialists, and reinforcing how unprepared some boards are for the challenges of digital disruption. A study of more than 1,000 […]
“Risk management” is often synonymous with “risk prevention.” Lower risk often means lower returns for those invested in the share market or managing a start up. Today’s risk managers often see their role as helping the company identify and clarify their risk appetite then communicate it across the oraganisation to guide decision making. What role […]
Henri Eliot: Do you want to know the skill set of company directors? By Henri Eliot 10:00 AM Friday Mar 25, 2016 If done well, a skills matrix should provide real information for shareholders to evaluate board skills and a point of reference to better understand director appointments. Photo / iStock Most directors I speak to […]
The owner of a growing small business has a great deal on their mind. A board of directors may not necessarily be one of their most pressing issues. It should be. As a business expands and matures, so does its need for involved direction and experienced guidance—elements that a board of directors can provide. The […]
Over the years, I have personally witnessed some very unproductive board meetings that waste director’s time, management’s time and shareholders’ money. Company director productivity will continue to be a relevant topic with increased workloads, compliance issues becoming more complex and a greater focus on risk management. Boards should regularly question the cost of a board […]
Henri Eliot: Do off-site strategy days work and can they be more effective? By Henri Eliot 9:00 AM Tuesday Feb 2, 2016 How do boards know if the strategy off-site has been successful? Photo / iStock The annual strategy day off has become quite routine on the governance calendar. The annual strategy off-site is when a […]
Henri Eliot: What should worry directors in 2016? By Henri Eliot 9:36 AM Tuesday Dec 15, 2015 – Mark Verbiest, chairman Spark, chairman of Transpower, a director of ANZ Bank New Zealand and Freightways. 1. The need to take a more dynamic approach to risk (and strategy) within the business. As we are seeing at […]
Rob Campbell talks to Henri Eliot following his speech on December 1 entitled “Ban Governance as an Idea”. Campbell discusses his top tips about making the most effective contribution as a new director. 1. Just as the quality of your training is critical to performance in a sports game, the quality of your preparation is […]
Personality dynamics: making the most of creative tension in the boardroom By HENRI ELIOT, 27 Oct 2015 A board whose directors are constantly bickering will not function effectively, but neither will one that never questions decisions. Rigorous debate or “creative tension” is an accepted part of the process in sound decision-making but the nature of […]
