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…
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…
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,…
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…
