International Law

Board leadership in practice

Leading up to the corporate reporting and AGM season I spoke to many Chairs and directors about their concerns. Sometimes it was a disclosure issue or a question involving voting or election procedures, but often it involved how to ensure that the board worked together effectively to carry out its responsibilities and manage risks.

With elections over, now is a good time for boards to demonstrate leadership and ensure that their policies are up to date:

• have you considered and documented the objectives for the Board collectively and for individual directors?
• do you understand the constitution and policies of your organisation?
• are you satisfied that the management and operation of your organisation conforms with your board's strategy, direction and policies?
• are you satisfied that there is an effective system of risk management and internal control in place?

I've put together a number of programs for delivery in your boardroom or at your strategic planning retreat.

Ring or email me if you'd like details.

Full post as published by Australian Regulatory Compliance Review on November 18, 2008 (boomark / email).