What does a firm want from their NEDs?

What is expected of non-executive directors?   A non-executive director (NED) plays an important part in many organisations. Because non-executive directors aren’t actually employees of a company, they have a unique role that’s slightly different than a traditional executive who is part of the management team.  Whether you’re thinking about becoming a non-executive director or…

What are the main differences between NED roles in the private and public sectors?

The differences between NED’s in the public sector and NEDs in the private sector is not a greatly researched topic. However, it is immensely important to understand the distinctions between the roles, subsequently allowing both, boards and non-executives to understand how non-executives may be able to cross the divide that exists in the two different…

What should be included in a non-executive agreement or NED contract?

The appointment of a non-executive director is a contract for services and not a contract of employment. The NED or non-executive contract or agreement is referred as a letter of appointment and some key elements should be included. The article highlights some of the terms that incoming non-executive directors should expect when they review the…

Is Being on the Remuneration Committee a Headache or an Opportunity?

One non-executive position that is often viewed with an exceptional amount of ambiguity is the assignment to the remuneration committee. The remuneration committee is a board within the board that is established for the purpose of ensuring that all remuneration arrangements work within the structure of the business strategy for the purpose of the motivation,…

Boardroom culture and ethical leadership are fundamental to sustainable long-term success: your responsibilities as non-executive directors

Culture and ethics in the boardroom: the ethical compass of the company Your role as a non-executive director and board members   Business scandals and corporate collapses may be the direct result of poor ethics. Each scandal leads to a call for a higher standard of business ethics, further regulations and training in ethics. It…

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What do you need to include in your Non Executive Director (NED) CV?

Writing your non-executive director CV is one of the steps to becoming a non-executive director, which aspiring and transitioning NEDs may underestimate. A good NED CV is a sales document, which outlines your unique value proposition for a board and demonstrates the skills, expertise and experience that a board is looking to recruit.  A well-written…