In last week’s post, Why Financial Services is Facing Increased Complexity in Board Oversight & Corporate Governance, I discussed the four increasing complexities that are requiring Financial Services corporate boards to become more educated and prepared. The following is a deeper dive into the ten areas, many of which… Read More
A public company’s Board of Directors is chosen by shareholders, and its primary job is to look out for shareholders’ interests. This includes selecting, monitoring and evaluating competent management, establishing business strategies and policies, and monitoring and assessing the progress of business operations. However, Board oversight and corporate governance in… Read More
Board culture is tantamount to a board’s success. Board culture affects decision-making and the directors’ relationship with management, impacting their ability to advise executive management and provide the necessary oversight.
It seems to me that almost every executive I speak with aspires to serve on a corporate board. I must say by experience, achieving your first board seat, or even the second will likely be the most difficult, arduous task you will accomplish in your entire professional career. There are… Read More
In prior posts, I have discussed various topics related to corporate boards, such board recruitment, timing and compensation. But, what if you have found yourself serving on your first corporate board? How will you know the steps for effective board meeting preparation? Not only will it help you, but preparation… Read More
What is an activist investor and why is everybody talking about activist investors in the Boardroom? We are all aware of one well-known activist investor, Carl Icahn, who has attempted major changes at a host of name-brand companies. My clients are seeking clarity about the activist investors’ role; the pros,… Read More
Given today’s rapidly changing corporate environment that is fraught with risks, regulations and high demands from investors, the board’s job is more challenging than ever. To ensure the highest level of performance, boards must assess their own board health, effectiveness and balance. Also, if you are an executive who seeks… Read More
Successful boards are diverse, including a group of dissimilar executives handpicked to support the organization’s strategic goals. Also, they have strong governance. They work within well-defined practices and rules that control the organization, which empowers them to pursue the organization’s strategic goals in a way that mitigates risk. Let’s talk… Read More
A fleeting moment and anything can change. We often think we have control of what is next, but often we are surprised, confused and found in a place for which we are not ready. There you are, in your executive role, with all indicators that you are performing, its working… Read More