Elizabeth Osta

Non-executive directors need to steer digital transformation with a comprehensive strategic approach that encompasses digital, data, IT and cyber security

Written by Elizabeth Osta Non-executive directors are faced with unprecedented change brought by the digital revolution. They are accountable for steering their companies in the right direction. Digital strategies are the key to unlock unprecedented growth and yet several studies point that most of the spend in digital is often going to waste and does…

NEDonBoard

Board dynamics

  In this 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.   What do we mean by board dynamics and why this is important? Board dynamics are the way individual company directors interact with each…

Non executive directors

NEDonBoard expert interview: whistleblowing practices

NEDonBoard is pleased to bring you some expert recommendations from experienced NED and trustee Paul Boyle OBE. At the time of this article, Paul Boyle OBE was the Chairman of the whistleblowing charity, Protect; a non-executive board member at the Government Internal Audit Agency (GIIA) and a NED at Mogo Holdings. He is a chartered…

Carillion’s collapse provides important corporate governance lessons

On 15 January 2018 Carillion plc was forced into liquidation. Prior to its demise, Carillion was a multinational construction services and facilities management company with headquarters in Wolverhampton, United Kingdom. Carillion, prior to its liquidation, had liabilities of about £7 billion, was the second largest construction company in the UK, was listed on the London…

NEDonBoard calls for tougher requirements on NEDs and board members following the collapse of Carillion

The collapse of Carillion has reignited debate about the effectiveness of non-executive directors. Specifically, the report issued by the Parliamentary select committee in May outlined the role of Carillion’s board of directors in the collapse of the company. As the Professional Body for the non-executive director and board member community, NEDonBoard calls for non-executive directors…

Carillion’s lessons learned – Part 3: what the NEDonBoard community says

In the past few weeks, we have asked our community to share the lessons that they have learned from the high profile collapse of Carillion. Engagement from the NEDonBoard community has been great and we thank you for sharing your views. In this article, we are publishing some of the answers we received to our…

Carillion’s lessons learned – Part 2: back to basics

The report of the select committees on the collapse of Carillion, released on 16th May highlighted a few of the fundamental considerations that non-executive directors, chairs and senior executives (members of the board of directors) should have in mind when they accept their nomination. For members of the NEDonBoard community that have attended our acclaimed…