Most executives who want to become non-executive directors are unlikely to become one. Here is why:

Over the last 4 years, I’ve met with numerous aspiring non-executive directors. I came to this conclusion: it is probable you will never be a non-executive director. Assuming you show an interest in NEDonBoard or you contact me, here are the rough probabilities you can use as a guideline: your chance of becoming a non-executive…

Corporate Governance Code

The Government’s latest Cyber Governance Health Report

The Government’s latest Cyber Governance Health Check Report, published July 2017, details the responses of a FTSE 350 survey (105 respondents), highlighting that ‘there is a growing understanding of how businesses could be impacted by a cyber incident that affects their key assets.’ The report also highlighted that Cyber risk of FTSE 350 boards is…

non executive director

Diversity and Leadership

Following a number of reviews into gender and diversity, recent years have seen an increased focus on, and in some organisations a progressive shift in, boardroom composition. Leading on some of these progressive changes, one can be comfortable in crediting Dame Helen Alexender for exemplifying the role of women on boards and for her contributions to the Hampton / Alexander Review. Dating back…

Corporate Governance Code

Corporate Governance in the News

Last week saw the importance of good corporate governance within UK companies feature as a topic in columns of The Times; as well as The Independent highlighting the value of employee representation on boards. As City A.M. phrased it, ‘fixing the corporate governance problem is a national necessity’, and The Times’ article, written by Commissioners of…

Appointing a NXD? – Understand Their Role for a Functional Board

At NEDonBoard’s regular dedicated non-executive director events, discussions with members has, on numerous occasions, turned to the issues around boards fully understanding the role of NXDs and how to enable a functional board. Needless to say, it can be highly unproductive to appoint NXDs to a board when some of the executive team, or even new NXD themselves, don’t fully understand the role of…