In line with our mission to connect business leaders and provide members with expert knowledge, we are launching a series of interviews with experienced NEDs, board members and consultants in the field. These interviews will draw on experience from across a spectrum of boards, backgrounds and skill sets to meet the diversity of our members.…
A number of credited research settings have highlighted the need for diversity on boards, crediting this to the ability to sustain a high performance level. The inclusion of women on boards has particularly been cited for broadening the perspectives and the options that are offered. Whilemost Chief Executive Officers have been known to recognise the…
A good NED advances the future of a business Every board needs a good NED. Whilst non-executive directors are not in charge of day-to-day duties, they are vitally important to an organisation’s future because: Their role is to create long-range plans and policies that will be embedded for years to come and Their duty is…
Diversity breeds progress and – disregarding the fact that in 2015 this conversation should be unnecessary – women add diversity to any board they join. Simply put, women have a different set of experiences and a separate history – they bring something unique to the boards they join. According to a February 2015 study by…
Expert interview with Tracey Bleakley Tracey Bleakley joined Hospice UK in January 2016 as CEO. Before then was CEO of the Association of Police and Crime Commissioners. Her previous roles include Chief Executive of the Personal Education Group (pfeg) where she led a successful campaign for financial education to be included in the National Curriculum. She…
The position of a non-executive director for a bank is part-time, yet is paid more than five times the national average full-time wage. This discrepancy is so-called ‘danger money’- a rise in pay as a result of reforms that can allow bankers to be held accountable for mistakes. These penalties go so far as jailing executives,…
How do I find the right training courses as a non-executive director? There are a myriad of training courses dedicated to non-executive directors. To select the right course for you, consider: learning objectives: What are you trying to achieve? delivery: How do you want the learnings to be delivered: self-paced, online interactive, in-person, a…
The manner in which a corporate board of directors is governed is directly connected with the industry in which the business operates. However, with that recognised, there are governance framework considerations that transcend both industries and individual corporations. There is a board governance framework that is generally appropriate to virtually any type of corporate enterprise.…
What is a NED? A non-executive director (NED) is an objective, independent, and unbiased individual who provides a creative, strategic and unique contribution in the boardroom. NEDs are expected to concentrate on matters of the board and stay clear of making any executive decisions. In doing so, they provide a keen insight as well as…
What is expected of non-executive directors? A non-executive director (NED) plays an important part in many organisations. Because non-executive directors aren’t actually employees of a company, they have a unique role that’s slightly different than a traditional executive who is part of the management team. Whether you’re thinking about becoming a non-executive director or…
