In March 2018, NEDonBoard hosted a conference. Jeremy Small addressed the audience on the importance of effective corporate governance and the role of the NED sitting in the boardroom. What is corporate governance? Corporate governance is the structure and processes designed to create long-term value. There are five main factors affecting corporate governance that…
In March 2018, NEDonBoard hosted a conference, Tomorrow’s Business: Tomorrow’s Board. In this article, we share some of the insights given by our outstanding speakers and panellists: Jeremy Small, Anna Marks, Dr. Yvonne Thompson CBE, Gillian Karran-Cumberlege, Elisabeth Stheeman, Jemima Coleman, Neil Sinclair, Abeed Janmohamed and Sharon Constancon. Here is a summary a few…
We interviewed Neil Davidson, CBE, who shared his advice for non-executive directors, to prepare for the role. What are the current issues for non-executive directors and boards today? A: The current issue is more active involvement from shareholders, particularly with the major companies where I think there’s been a big change over the last five…
In this interview, Michael Wilton-Cox provides some invaluable advice for being an effective non-executive director and helps distinguish between roles for private, public and charitable boards. Michael is an experienced board director and has held executive, non-executive, chairman and business advisor roles for the last 30 years. He has private and public sector board experience…
What is a NED? A non-executive director (NED) is an objective, independent, and unbiased individual who provides a creative, strategic and unique contribution in the boardroom. NEDs are expected to concentrate on matters of the board and stay clear of making any executive decisions. In doing so, they provide a keen insight as well as…
The role of the non-executive director (NED) is considered to be critically important. The time commitment associated with a non-executive role is often underestimated. So what is the optimal number of positions for a board professional to discharge his/her duty and be effective? The optimal number of positions will vary from one professional to another…
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…
More and more people are contemplating careers as non-executive director. If you have given any consideration to working in this role, you should note that there are a plethora of rules and regulations that are typically considered to be must follow guidelines within this sphere. To learn more about these must follow NED guidelines, be…
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,…
Not too long ago, many non-executive directors, or NEDs, played more of a ceremonial role in the board rather than a truly functional one. Many were appointed by senior executives simply to add some gravitas to a board, without toppling the applecart. However, the role and responsibilities of non-executive directors are rapidly changing. The days…
