Non-executive directors can play a crucial role in managing this crisis Good governance alone won’t get businesses through Covid-19

Written by Natalie Ceeney   In the aftermath of the 2008 financial crisis, the role of non-executives came under huge scrutiny.  Boards were described as “part of the problem” and non-execs as “poorly trained” and “incapable or unwilling to challenge management”. Things changed. Present non-execs can testify that there’s no shortage of training, particularly as…

COVID-19

Your opportunity to contribute

The Coronavirus outbreak has triggered an unprecedented health and economic crisis across the globe, to which all boards, regardless of the type of organisations, activities and sectors have had to respond. Like you, NEDonBoard has had ad-hoc board meetings. We implemented our contingency plans and have communicated with its stakeholders, the primary of whom are…

Non executive director

The use of skills matrix in board refreshment and succession planning

Written by Elise Perraud   A skills matrix, also called a competency matrix, maps the required and desired skills for a board to successfully deliver its corporate mission. The skills matrix is a visual tool that clearly identifies the required, available and missing skills and competencies in a board. This is why it is widely used by Nominations Committee in…