The non-executive role on subsidiary boards: this was the theme of the roundtable organised by NEDonBoard in March 2023. The objectives of roundtable discussions are to provide a safe and enjoyable environment for members to share their experience, build and nurture relationship with board level peers and advance governance practices. Attendees: Susanne Alfs…
Non-executive directors are expected to have a range of skills and experiences that benefit the company they serve. Some of the key skills and attributes are commonly sought by organisations: Strategic thinking and decision-making: your ability to understand the company’s strategy and vision, and to provide constructive input and guidance to the board on…
In this blog, we remind you of important themes for non-executive directors that define the role and responsibilities of those serving on a board. Ensuring effective business governance. Non-executive directors play a key role in ensuring that a company has strong and effective governance and decision-making practices in place. This includes overseeing the work…
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…
If you have applied for NED roles, interviewed, or exchanged with recruiters and boards, you will certainly have come across the term “fit”. “We think you are the right fit for our organisation”. “You are strong candidate and interviewed well but we appointed a candidate that was a better fit for our board”. Have…
Find your voice in the boardroom When you embarked on your NED journey, you were told that one of the important attributes to bring to a board room would be an ability to challenge and ask questions. But how do you deal with being the newbie, a not so inclusive chair or very talkative…
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,…
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,…
In this article, NEDonBoard member Angus MacGregor provides his perspective of serving on the remuneration committees of a firm in a non-executive capacity while having an executive HR role within the same organisation. Currently Head of Global HR for MUFG, a large full-service financial services firm headquartered in Tokyo, Japan, his executive role is…
