It happens: relationships on a board can break down. Sometimes, they can be fixed; sometimes, differences linger and result in one or more of the directors leaving. Here are some thoughts. 1 Pretending the problem doesn’t exist might work but it probably won’t over the longer term – it depends what the problem is and […]
Tag Archives: board of directors
Boards in conflict
Posted in Governance Reframed
Also tagged board, Chair, conflict, crisis, NED, regulators, senior independent director, SID
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What makes an outstanding board?
This started as an article about what makes a board of directors ‘effective’ but I decided that was aiming too low. Why shouldn’t a board be outstanding? Let’s begin though with board effectiveness. 1 Board effectiveness What made the board of a bank or other financial institution ‘effective’ a few years ago won’t hit the […]
Posted in Articles
Also tagged board effectiveness, boards, challenge, controls, corporate governance, culture, D&I, diversity, diversity and inclusion, EWI, governance, groupthink, KRI, MI, non-executive directors, strategy
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THE CONSUMER DUTY ANNUAL REPORT: POINTS FOR BOARDS TO CONSIDER
For firms subject to the Consumer Duty, the first annual report is on the horizon and a firm’s board of directors will need to review and approve the report, provide confirmations, carry out assessments and agree actions. The process involves more than simply reviewing and approving a document. The Financial Conduct Authority (the FCA) will […]
Posted in Articles
Also tagged boards, consumer duty, Consumer Duty annual report, Consumer Duty monitoring, consumer outcomes, retail customers, strategy
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