The differences between NED’s in the public sector and NEDs in the private sector is not a greatly researched topic. However, it is immensely important to understand the distinctions between the roles, subsequently allowing both, boards and non-executives to understand how non-executives may be able to cross the divide that exists in the two different…
More and more people are contemplating careers as non-executive director. If you have given any consideration to working in this role, you should note that there are a plethora of rules and regulations that are typically considered to be must follow guidelines within this sphere. To learn more about these must follow NED guidelines, be…
One non-executive position that is often viewed with an exceptional amount of ambiguity is the assignment to the remuneration committee. The remuneration committee is a board within the board that is established for the purpose of ensuring that all remuneration arrangements work within the structure of the business strategy for the purpose of the motivation,…
How did I secure my non-executive appointment? Network, network, network Are you looking to secure your next board appointment, there are 3 avenues for you to consider. One of them is: networking. With this thought in mind, be sure to review the following networking strategies so you can optimise your search for roles. …
When it comes to understanding the role of a non-executive director, there seems to be a significant amount of nebulosity. There is also a shroud of mystification around the multifaceted role of the NED, which tends to discourage many competent executives from seeking NED positions with companies. There is no doubt that the evolving economic…
The board of directors is chosen to act on the behalf of the company’s shareholders in order to manage the daily affairs of the business. Overall, the board is held responsible regarding the shareholders and holds a yearly meeting each year whereby the directors have to give a report to them concerning the company’s performance,…
Not too long ago, many non-executive directors, or NEDs, played more of a ceremonial role in the board rather than a truly functional one. Many were appointed by senior executives simply to add some gravitas to a board, without toppling the applecart. However, the role and responsibilities of non-executive directors are rapidly changing. The days…
5 guidelines for newly appointed non-executive directors The most important aspect of being a non-executive director is that you have an expertise, skills and knowledge to bring to the table. To contribute to the sustainable success of the organisation on which board you serve, there are important guidelines that every NED should follow. …
Writing your non-executive director CV is one of the steps to becoming a non-executive director, which aspiring and transitioning NEDs may underestimate. A good NED CV is a sales document, which outlines your unique value proposition for a board and demonstrates the skills, expertise and experience that a board is looking to recruit. A well-written…
