Non-executive directors – NEDs – are directors of a company who don’t have management responsibilities[1] and they play a critical part in holding management (including the executive directors) to account. A brief digression, first, on the different types of NEDs. Independent non-executive directors – often referred to as INEDs – have no interest in or […]
Tag Archives: challenge
What makes an effective NED?
Posted in Governance Reframed
Also tagged board, board effectiveness, directors, independent non-executive directors, INEDs, NED, NEDs, non-executive directors, senior independent director
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Boards, NEDs and Challenge
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 […]
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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