most recent to oldest carnival links
Audit Committee: The Kitchen Sink of the Board.
Nov 2022
Most of the findings and reporting for anyone on a board is self-evident, but this is incredibly useful to confirm others are struggling with the increasing breadth and depth of responsibility and risk in committees.
The most relevant observation is a repeat of who polices the police ideal or Who decides Who decides? Given the range of risks now resting with the AC, who is responsible for
Takeaway
The report suggests that until investors ask for better oversight of the AC, we are in danger of concentrating too many significant risks into a decreasing resource that catastrophic disaster is only a matter of time.
What is your view - are we heading to a precipice?
It's time for neurodiverse boards
Oct 22
from John Harte of Integrity Governance
It's time for neurodiverse boards ..... however the process is utterly biased against neuro-diverse
Can boards really achieve this?
Have your say - comment on LinkedIn
Can data lead to better humanity? #esg #leadership #thinkingNews Title
October 22
Should we wish for future generations also to enjoy the small blue planet, a wealth or value calculation based on time will not shift the current economic model. This post offers a view. "Perhaps we should stop asking leadership to decide everything based on data or value and instead demand they care for our natural world if it was their only job!"
How would you react if your bouns were aligned only with the survival of your grandchildren?
Medium members: https://opengovernance.net/a-sustainable-dilemma-how-we-value-time-frames-our-outcomes-and-incentives-2d8773a2344d
If one number decides your fate, what should you know about that number?
July 2022
Random numbers make lottery winners; select those to be called up for war and support modern-day digital encryption. We have a strange relationship with numbers and fate, especially when we realise that nothing is quite as random as we think.
However, in financially supported decision-making, one number has an unfair advantage in the balance of probabilities.
This viewpoint is about who should calculate and control discount rates in a modern digital business; the #CFO or the #CDO?
March 24th 2022
Where should the board's moral compass point? What conduct is appropriate, and how should the board's actions be assessed?
What moral standard should directors be held accountable to (if any)?
What might morally-accountable governance look like, in practice?
March 21st 2022
The best and most effective boards are those who focus their attention on providing steerage and guidance, in pursuit of agreed goals. As with sailing and other team-based endeavours, decisions matter. Heterodox perspectives, high-level sense-making, systems thinking, and consensus-building are vitally important. Without these, boards run the risk of introspection, relying instead on heuristics and natural biases or, worse, ideological preferences.
15th March 2022
What stance should companies take in times of war? This FT article provides a case that sanctions pressure companies to decide what to do. This viewpoint will unpack that this is nothing compared to what will happen if sanctions are the new weapon of war.
Perhaps as we plan and action this transition, we should also be asking how we create and deliver better #governance and #oversight for companies. WHY? Because those with power will be companies and not sovereign states, it will be non-elected individuals. The incentives and rewards have changed, but that does not mean they are aligned to better outcomes for us all. What do you think?
Friends link, no subscription needed.
What are the "Bigger Questions" we need to ask?
March 9th 2022
#LarryFink 's annual letter to CEOs has become a much-anticipated event. From a document of interest to niche interest groups searching for clarity, the 'Blackrock letter' is now seen by many as a critical guidance statement from the world's largest investor. As directors, we need to discuss these and other questions.
February 15th 2022
Exploring a provocation that those who have reached observation-based conclusions differ from conventional wisdom. What can a board learn?
16 June 2021
What will a board meeting look like in 2025?
The Blame Gain / Peter Crow
29th Nov 2021
Is your board well-equipped to lead in an event that threatens the company’s prosperity or viability? And what is the likelihood it will oversee an appropriate response?
What if “directorship” was a profession and not a reward?
Feb 22nd 2022
Read and have your say.