Reducing financial and business risk is a critical element of being a non-executive director. But, in today’s world, the ever-increasing pace of change and the need to understand the impact of a cybersecurity risk leave many businesses playing catch up. As a NED, how do you take a complex and technical topic and make it…
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Written by Elise Perraud, NEDonBoard COO Considering the important role and responsibilities of the board, why would an organisation satisfy itself with a sub-standard board i.e. a board inadequately set up to address the organisation’s challenges, define the strategy and achieve the corporate mission? To improve the performance of the board and of individual…
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In May 2021, NEDonBoard and McGill and Partners co-hosted an event, aimed at educating end users of D&O insurance policies. The event content was informed by the results of the joint survey run in Q1 2021 to test the knowledge and understanding of this vital form of personal liability protection for non-executive directors and board…
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In May 2021, NEDonBoard invited an exceptionally talented panel to uncover board best practices with regards to employee engagement. “Employee engagement is increasingly a hot topic in the boardroom and many leaders know that high levels of engagement influences customer satisfaction. The pandemic has changed ways of working and many organisational practices have been…
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Environmental, social and governance (ESG) concerns have climbed up the corporate agenda in recent years. We take a look at four key considerations for NEDs on how to deliver effective challenge over ESG themes. Fundamentally, ESG is about how organisations live their values. While this strengthens the core of every business, it is also…
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Written by Elise Perraud, NEDonBoard COO What your payment practices tell your stakeholders about your culture and your ESG strategy. Your responsibilities as a non-executive director and board member to identify and address potential issues in the procurement and finance processes, payment practices and supplier relationships. Companies’ payment practices came into the spotlight…
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A big thank you to everyone who answered the 10 questions posed in the Directors’ and Officers’ (D&O) insurance survey which McGill and Partners and NEDonBoard ran jointly in February and March 2021. The results from well over 150 responses offered a fascinating insight into the entirely understandable scope for confusion and uncertainty…
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Joining a charity board and understanding the charity trustee role For someone joining a charity board for the first time, as a step in a career which may not be exclusively dedicated to the work of the particular charity or others operating in similar fields, the mixed composition of trustee boards (often including those…
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People often take on the role of a charity trustee as one of a number of non-executive roles they undertake when building a broadly based portfolio career, or perhaps as an initial step to gain board experience before they seek what they imagine may be less forgiving roles in other fields. The similarities between…
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In March 2021, NEDonBoard put customer experience (CX) and stakeholder management at the front and centre of its session. Engaging effectively with stakeholders, of whom clients and customers are an essential group for most organisations, has become business critical, even more so with the global pandemic and the acceleration of digital transformation. Mike Ashton and…
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