In the wake of the global pandemic, many organisations have turned their minds to the thorny question of force majeure. In this blog post, Joanne Taylor, managing director at K2 Integrity, explores the meaning and effect of force majeure in business relationships and the strategies that can be employed by boards to successfully navigate…
Responding to cyber incidents, a NEDonBoard event, in partnership with the National Cyber Security Center and with the participation of Dr Budgie Dhanda, Co-Chair at UK Cyber Security Council Formation Project. Held on 29th September 2020. The event was the second of a series of four 2020 Cyber Security themed events for board members, co-hosted…
The 2008 financial crisis changed how organisations—and their boards—viewed risk mitigation. Now, as the global economy reels from a pandemic and seeks to return to normalcy, there is little question boards will need to keep risk mitigation top of mind, particularly as it relates to fraud. In times of economic stress, companies face heightened…
Written by Elise Perraud The importance of ESG (environmental, social and governance) issues has gained recognition in the past few years. Driven by pressure from investors and regulators, FTSE boards tend to be more advanced than boards of medium-sized businesses when it comes to ESG. But as expectations from customers and other stakeholders are…
Written by Nicolina Andall This week, NEDonBoard is pleased to share insights from senior Solicitor, trustee and public appointee, Nicolina Andall, who attended our co-event with the Department for Education on 18th August. In this blog, Nicolina shares a few tips for writing persuasive personal statements. As her wise friend and former City colleague…
As part of the NEDonBoard Diversity & Inclusion series for board members, NEDonBoard hosted a virtual event in partnership with the Department for Education to: promote public appointments with the NEDonBoard community of board professionals and non-executive directors; highlight diversity initiatives in place to increase the representation of under-represented professionals on the board of public…
Written by Akshay Bhargava When Honda was hit with a crippling cyberattack in early June, the company had to shut down factories worldwide and other crucial operations. This incident demonstrates the challenge facing boards of directors of companies due to ransomware and other cyber threats each day. My company determined that the attack on Honda was…
Written by Elise Perraud On 16th August, the dean of Harvard’s school of public health, Michelle Williams called on companies to appoint public health professionals on their boards and C-Suite to manage the impact of the COVID-19 pandemic, which may hang over businesses for years. Does such a call apply to UK boardrooms, their structure…
In this week’s blog, we are pleased to feature a conversation between Bryan Foss, a co-founder of the Risk Coalition and non-executive director and Dr Roger Miles, a researcher and author on human-factor risks, improvement of conduct and related controls. This article should be read in conjunction with the highlights of the Diversity in Risk…
As part of the NEDonBoard Crisis Management series for board members, NEDonBoard hosted a virtual discussion for the NED community on Crisis Management and Lessons Learned on 11th August 2020. The event featured an interview of Sir Win Bischoff who discussed notably the key attributes of non-executive directors and board members in times of crisis…
