Attributes of effective director onboarding

NEDonBoard guidance on effective onboarding of newly appointed board director – Part 2

Written by Elise Perraud, NEDonBoard COO   Induction refers to the process of onboarding a new director on the board. The objective of the induction programme is to provide the newly appointed director with all the information that he/she needs to be effective in the role and contribute to the sustainable long-term success of the…

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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…

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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…

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women non-executive directors

How can we accelerate the representation of female senior executives in executive committees and boardrooms?

The 2019 report of the Hampton-Alexander Review was published in November. This is the fourth annual publication of the UK government-backed initiative to improve gender diversity and balance in FTSE leadership. The report highlights two important facts: Women on boards – FTSE 350 companies have hit the target of achieving 30% of board roles held by…

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Non executive director event

Remuneration Committee Board Best Practice®

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Thomas Cook: NEDonBoard press release

On Monday 23rd September, Thomas Cook entered into liquidation, impacting hundreds of customers leaving them without flights and holidays as well as lenders, suppliers, partners, landlords of the high-street shops, employees (21,000 of them) and pensioners. Like other corporate failures and collapses, questions have emerged around: The role of the board, senior executive team and…

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NEDonBoard

Board Dynamics

  In this week’s blog, we discuss the importance of healthy board dynamics to increase the effectiveness of the decision-making process and create an enjoyable environment in which individual board members thrive. Written by Elise Perraud.   What do we mean by board dynamics and why this is important? Board dynamics are the way individual…

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