Letter from the NEDonBoard executive team to the NEDonBoard community

Letter from the NEDonBoard executive team to the NEDonBoard community   Dear NEDonBoard members and subscribers,   NEDonBoard has been on the front-foot of the Coronavirus outbreak: we attribute it to the strength and diversity of our team. In the past week, NEDonBoard has adjusted its event programme, adding webinars and online content as well…

Details
Non executive director

An investor’s letter to its shareholders

  Each year, Warren Buffett writes an open letter to Berkshire Hathaway shareholders. These letters are insightful and over the years have become a “must-read” for investment professionals. But not only. The 2019 letter, which was published at the end of February, includes thought-provoking considerations on the topics of boards and governance that are of…

Details

Unlocking the public sector NED opportunity

Written by Elise Perraud, NEDonBoard COO   What is a public appointment? Public sector NEDs are appointed on the boards of public bodies, government departments or advisory committees. Taking on a public appointment includes joining the board of directors of large public bodies as well as advisory committees, that are made up of lay members,…

Details
NEDonBoard

The use of skills matrix in board refreshment and succession planning

A skills matrix, also called a competency matrix, maps the required and desired skills for a board to successfully deliver its corporate mission. The skills matrix is a visual tool that clearly identifies the required, available and missing skills and competencies in a board. This is why it is widely used by Nominations Committee in their succession planning. In this…

Details
Non executive director

NEDonBoard calls for boards to appoint younger non-executive directors to refresh their composition

Written by Elise Perraud   The average age of non-executive directors serving the top 150 FTSE boards was 60.6 in 2018, up from 59 in 2013 and 58.5 in 2008, representing a 3.6% increase over the 10-year period (source: 2018 UK Spencer Stuart Board Index). Is there a risk that having an older NED pool…

Details
non excutive director

The Parker Review recommendations to increase the representation of under-represented groups, and ours

  On 5th February 2020, the Parker Review published a progress report on the representation of ethnic minorities on FTSE boards. It says that there has been some but limited progress in increasing the representation of people of colour (also referred as BAME in this article) in UK boardrooms and that meeting the target of…

Details
non executive director

The implications of the Corporate Governance Code for non-executive directors

  2018 saw the publication of the “shorter and sharper” UK Corporate Governance Code, the introduction of new corporate governance reporting requirements in The Companies (Miscellaneous Reporting) Regulations 2018 and the establishment of the Wates Corporate Governance Principles for Large Private Companies. The regulations and corporate governance provisions apply in relation to the financial years…

Details
non executive director

Join the board revolution. A letter for the NEDonBoard General Director.

Dear fellow board members,   Your participation in NEDonBoard activities made 2019 our best year ever, that’s completely thanks to you – our community of NEDonBoard members. So whichever cities you’re reading this from, thank you for being the biggest part of the board revolution. NEDonBoard exceeded nearly all of its targets, (except for one,…

Details
Vanda Murray

What does it take to be an effective non-executive director?

In this blog, Vanda Murray OBE describes what it takes to be an effective non-executive director. A must-read for aspiring non-executive directors and those building a portfolio. Also, a useful reminder for more experienced board members!   The role of the Non-Executive Director (NED) has changed significantly over the last twenty years and continues to change…

Details