One year on from the Russian invasion of Ukraine, it is clear geopolitical uncertainty is here to stay. Boards should act by ensuring their organisations have robust scenario-planning processes in place. That is one of the key messages for boards coming out of the new Chartered IIA and Airmic report ‘Navigating Geopolitical Risk’. The…
The current economic climate is demanding more of management. Boards need to look to non-executive directors for guidance on handling these challenges, while thinking about taking opportunities. The final quarter of 2022 is seeing business squeezed by challenges in both supply and demand, and it looks likely that the UK will slip into recession by the end…
Written by Elise Perraud, NEDonBoard COO This holiday season offers us a chance to look back on the past 12 months and reflect upon the resilient efforts of each of us and for all that we have accomplished together. We started 2020 with our in-person knowledge and networking events, discussing the implications of…
Even before COVID-19, growth in the global economy had slowed. The impact of the pandemic however has dramatically accelerated that trend as consumer spending has dropped and global trade reduced, with an expected surge in insolvencies and defaults globally. Through their global insolvency index, Insurer Euler Hermes estimates (COVID-19: Quarantined economics, March 23 2020) record high insolvencies…
In October 2020, NEDonBoard co-hosted an event with TechManchester to discuss the value of boards in times of change. The conversation touched upon a number of business transformation topics such as growth, merger and acquisition, the COVID-19 pandemic, digital transformation, disruption and innovation. NEDonBoard thanks the panelists that shared their insights and experiences: Dianne…
In the wake of the global pandemic, many organisations have turned their minds to the thorny question of force majeure. In this blog post, Joanne Taylor, managing director at K2 Integrity, explores the meaning and effect of force majeure in business relationships and the strategies that can be employed by boards to successfully navigate…
Responding to cyber incidents, a NEDonBoard event, in partnership with the National Cyber Security Center and with the participation of Dr Budgie Dhanda, Co-Chair at UK Cyber Security Council Formation Project. Held in September 2020. Key insights and useful resources highlighted during the event are shared in this post, as well as a short recording…
The 2008 financial crisis changed how organisations—and their boards—viewed risk mitigation. Now, as the global economy reels from a pandemic and seeks to return to normalcy, there is little question boards will need to keep risk mitigation top of mind, particularly as it relates to fraud. In times of economic stress, companies face heightened…
As part of the NEDonBoard Crisis Management series for board members, NEDonBoard hosted a virtual discussion for the NED community on Crisis Management and Lessons Learned in August 2020. The event featured an interview of Sir Win Bischoff who discussed notably the key attributes of non-executive directors and board members in times of crisis and…
2020 has been unprecedented year so far as organisations have had to adapt to social distancing and support new ways of working. The COVID-19 outbreak has dramatically increased home working, video conferencing and online operations, increasing the risk of Cyber attacks and has accelerated the digital transformation.
