One of the key responsibilities of a non-executive director is to hold management (including the executive directors) to account. That’s done through oversight, including by challenge. Over the last few years, I’ve picked up that ‘challenge’ is getting a bad rap and a NED who challenges management can be seen as difficult, not being a […]
Tag Archives: challenge
Boards, NEDs and Challenge
Posted in Governance Reframed
Also tagged boards, NEDs, non-executive directors, senior managers
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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, board of directors, boards, controls, corporate governance, culture, D&I, diversity, diversity and inclusion, EWI, governance, groupthink, KRI, MI, non-executive directors, strategy
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