Having interviewed Sir Win Bischoff, following a NEDonBoard panel evening, there are some clear skills and considerations which best enable a Board to work effectively in harmony. Following on from Part I, Part II highlights the importance of engaging with board members to ensure effective governance. Message to non-executive directors to ensure effective governance Engage with…
Connecting with experienced non-executive directors is good practice to understand the reality of becoming and being an effective non-executive director. Peaches Golding OBE is just such, being an experienced non-executive director in regulated and unregulated businesses operating in the media, healthcare, education, tourism and charitable sectors. She became England’s first black High Sheriff (an appointment…
In line with our mission to connect business leaders and provide members with expert knowledge, we are launching a series of interviews with experienced NEDs, board members and consultants in the field. These interviews will draw on experience from across a spectrum of boards, backgrounds and skill sets to meet the diversity of our members.…
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…
More executive boards are realizing that a non-executive director (NED) can be one of their greatest assets. However, there are oftentimes situations in which a NED’s performance can and should lead to dismissal. To learn more about this important issue, be sure to review the brief guide that appears below: When To Dismiss A NED.…
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,…
