By Nick Lindsay on April 24, 2012
Hector Sants, the chief executive of the UK Financial Services Authority has given a speech today (24 April 2012) highlighting the importance of good corporate governance and effective boards in regulating financial firms. Although this is a view widely held, this emphasise from the main UK regulator is telling. It is also one of his [...]
By Nick Lindsay on March 16, 2012
One of the enduring adages of corporate governance is that it is a philosophy and not a tick box exercise. Company secretaries and corporate governance experts can often be heard stating this line and, like many clichés, it is often repeated because it’s true. A company can fulfil all the requirements of its relevant code(s) [...]
By Carter McNamara on February 20, 2012
(This is a guest post by Nick Lindsay of Elemental CoSec) In recent years, executive remuneration has moved from its traditional ambit of corporate governance circles and company secretary forums to the public eye. In the UK, the last six months, has seen a particular focus on what many in the media see as ‘excessive [...]
By Julie Garland McLellan on January 13, 2012
Herman has been invited to join the board of a not-for-profit organisation that provides specialist education and training for the non-profit sector. The invitation was extended to him by the CEO who is also the founder and the principal deliverer of services. Due diligence shows that the company is profitable (making a small but comfortable [...]
By Hank Lewis on August 29, 2011
Nonprofit organizations (NPOs) are created to address specific issues/problems/needs and serve specific communities/constituencies, and the primary role/responsibility of the Boards of those NPOs is to represent (the issues/problems/needs of) those communities/constituencies. A Board does this by ensuring that the NPO’s mission is consistent the reason(s) that organization was created … and by adapting that mission [...]
By Julie Garland McLellan on April 18, 2011
When the Lead Independent Director role was first introduced it was viewed with suspicion. Now, in companies where the incumbent has performed well, it is viewed as an essential component of board success.
By Julie Garland McLellan on January 31, 2011
Leadership development is an important aspect of the director role, and not just something that is recommended for executives. All directors should review their own leadership skills from time to time and determine what and how to improve.
By Carter McNamara on June 1, 2010
The Corporate Secretaries International Association recently released a report, “Twenty Practical Steps to Better Corporate Governance.” It struck me that almost all of the steps applied to nonprofit Boards as well. (The Report refers to “corporate” governance, the phrase commonly used for for-profit Boards, which is a misnomer I believe because Boards are required for [...]
Carter McNamara of Authenticity Consulting, LLC, provides organization development and consultant training services, and is developer of the Free Management Library.
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Julie Garland-McLellan uses her experience and depth of knowledge in corporate governance to show boards with limited resources how to be more effective through practical governance innovation and know-how.
Nick Lindsay of Elemental CoSec, provides corporate governance, legal and company secretarial advice to a wide range of companies in the UK.
