The NED recruitment process is competitive. Your applications may not always be successful. What to do if you are not appointed? Receiving an email or a call isn’t necessary the end. Read on to find out what is next? Ask for feedback Always ask for feedback. The more insights from recruiters you receive,…
Details
Conflicts of interest abound at board level. They are an important issue that all NEDs and boards have to handle. Conflicts distort decision-making and have the potential to undermine the integrity of boards. Recognising a conflict can be more complicated than you might think. Guest speakers James Whitaker co-leads Mayer Brown’s global Environmental,…
Details
Boards face the ‘perfect storm’ of high-impact interlocking risks, finds new Chartered Institute of Internal Auditor’s report, Risk In Focus 2023 The War in Ukraine, coupled with an accelerating cost of living catastrophe, and a looming recession has significantly intensified a wide range of business-critical risks for many organisations. As businesses continue to grapple…
Details
“How many times and in what contexts do the words “green”, “eco” and “sustainable” appear in your company’s financial statements, press releases and marketing materials?” Although this question has probably not yet featured in a proposal for Directors & Officers liability insurance, it is one which external regulators and other stakeholders are examining with…
Details
The board journey to frame, implement and monitor purpose: best practices and lessons learned In September 2022, NEDonBoard, together with Grant Thornton, hosted a hybrid session. We explored some board level perspectives, experiences, best practices, and lessons learned around purpose and strategy. We also covered the journey of framing, implementing, and monitoring purpose. Sarah Bell,…
Details
Preparing for non-executive interviews: recommendations to be appointed You applied for a role and are shortlisted for interviews. Your NED CV and covering letter were compelling and attractive. Congrats! You are still a few steps away from an appointment: a few rounds of interviews await you. How do you best prepare to stand…
Details
How much should I get paid as a non-executive director? How much should we pay our non-executive directors? These are the two sides of the same coin when it comes to compensation of non-executive directors. NEDonBoard, the Institute of Board Members gets routinely asked these questions, from companies seeking to appoint NEDs and directors themselves.…
Details
Reviewing and amending articles of association: best practices and learnings from the NEDonBoard community In August 2022, NEDonBoard hosted a roundtable to draw on the experience of its community with regard to reviewing and amending articles of association. The discussion was chaired by Nicky Heathcote, portfolio NED and board chair. Introduction Articles of…
Details
In recent times many high-profile companies have appeared in the news due to allegations of greenwashing surrounding their Environmental, Social and Governance (ESG) and sustainable products offering. Management teams and company Boards are today more than ever finding themselves under increasing pressure to justify their commitment to saving the planet, amid accusations of widespread…
Details