Artificial Intelligence and Boards: governance recommendations for greater positive impact

  The use of artificial intelligence (AI) is growing rapidly across the world, changing whole sectors, creating business opportunities and with the potential to drive economic growth and transform lives.  It can, however, cause damage and harm to organisations using it and wider society so it has to be effectively controlled and managed by all…

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What are the skills demanded by companies for their non-executive directors?

  Non-executive directors are expected to have a range of skills and experiences that benefit the company they serve. Some of the key skills and attributes are commonly sought by organisations: Strategic thinking and decision-making: your ability to understand the company’s strategy and vision, and to provide constructive input and guidance to the board on…

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The role of boards and NEDs in driving innovation

  In this blog, we explore the role of the board and non-executive directors in driving innovation. Innovation is important in the boardroom because it drives growth, competitiveness, and long-term success for the organisation. Innovation can be a key factor in determining the organisation’s ability to adapt to changing markets and customer needs, and to…

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Financial lines insurance market: 2023 predictions

  Financial lines insurance market: what you need to know as a NED in 2023 Navigating today’s business environment is a huge task. Tightening regulations, increasing class action litigation, emerging technologies and increasing level of public and government scrutiny are all challenges presented to directors and officers. There are also emerging risks such as increasingly…

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The role of the non-executive director

  In this blog, we remind you of important themes for non-executive directors that define the role and responsibilities of those serving on a board. Ensuring effective business governance. Non-executive directors play a key role in ensuring that a company has strong and effective governance and decision-making practices in place. This includes overseeing the work…

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Cost-of-living crisis: NEDs need to bring all their experience to the boardroom

  The current economic climate is demanding more of management. Boards need to look to non-executive directors for guidance on handling these challenges, while thinking about taking opportunities. The final quarter of 2022 is seeing business squeezed by challenges in both supply and demand, and it looks likely that the UK will slip into recession by the end…

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What does “being the right fit” mean in NED recruitment?

  If you have applied for NED roles, interviewed, or exchanged with recruiters and boards, you will certainly have come across the term “fit”. “We think you are the right fit for our organisation”. “You are strong candidate and interviewed well but we appointed a candidate that was a better fit for our board”. Have…

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