The impact of COVID-19 is unprecedented. Most countries were not ready to deal with an event of this magnitude and most businesses could not have anticipated the social and economic upheaval that the pandemic has inflicted. In 2019’s Aon Global Risk Management Survey, the number one risk according to Risk Managers globally was seen as the…Details
Culture, Diversity and Inclusion has been a key theme for NEDonBoard throughout 2020.
Here, we share an overview of some important issues and best practices identified for board members in relation to Culture, Diversity and Inclusion following a series of meetings and events with the board community.
NEDonBoard, the professional body for non-executive directors and board members in the UK, collaborated with Maanch to donate 15% of their new membership sign-ups during the period of the lockdown. “As a community of senior executives, we wanted to contribute responsibly during these challenging times. Maanch came as a natural fit for their focus on…Details
Written by Elise Perraud The topic of NED compensation is one that we often get asked. Questions primarily come from aspiring non-executive directors, recently appointed NEDs and organisations. Recently appointed NEDs and organisations are typically looking for a benchmark to ensure that the remuneration offered is competitive and in line with practices. For aspiring NEDs,…Details
Workplace Diversity The last few weeks have seen a renewed blaze against racial discrimination around the world, including in the workplace. While the UK workforce is substantially more diverse than it was a generation ago, the profiles of company boards, particularly in unlisted firms, too often bear very little resemblance to their employees or customers. Most companies need to try…Details
On 16th June 2020, NEDonBoard hosted an online Crisis Management and Business Continuity Planning workshop for NEDs. An overview, presentation slides and BCP interview are available here.Details
6 ways NEDs can address Culture, Diversity & Inclusion right now in their workforce and in the boardroom
Written by Elise Perraud Boards and non-executive directors have a key role to play to help organisations build more diverse and inclusive environments and workforces that are representative of society. NEDs, Chairs and Nominations Committees have a role to play to increase the representation of under-represented groups in the boardroom, including professionals from BAME backgrounds.…Details
NEDonBoard calls for boards to add the required skills and expertise to address the challenges and opportunities created by the COVID-19 crisis
NEDonBoard calls for boards to re-consider their board composition, review their succession plans and reflect on the skills and expertise that have been missing or need strengthening so that organisations are equipped to address the risks, challenges and opportunities that have arisen from the COVID-19 outbreak. Do boards have the right combination of skills,…Details