Tag: Board of Directors

Governance, Leadership, StrategyLeave a comment

#AlignedValue How to pick a successful risk leader via @CGMA & @Tomorrows_co

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“The only easy day was yesterday.” -Navy Seals Mantra New, unfamiliar, increasingly complex risks are coming at corporations from all directions.  The risk landscape has never been more relentless – and it isn’t going to get easier. If unaddressed, “new” risks can quickly: Disrupt business Damage reputation Destroy value Having in place an executive voice of risk in the organisation that leads the risk agenda helps deliver the business model and drive business performance. According to Tomorrow’s Company Good Governance Forum and CMGA, the following attributes make a successful risk leader: 1. Independent and influential 2. Clear and concise communicator 3. Standard bearer for what’s right … Continue reading #AlignedValue How to pick a successful risk leader via @CGMA & @Tomorrows_co

Design Thinking, Governance, Innovation, MarketsLeave a comment

#AlignedValue Deconstructing #CorpGov as we know it to Reconstruct Effective Oversight

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In a recent Harvard Business Review article, Guhan Subramanian asserts that the current system of corporate governance was borne of patchwork policy and regulation – created by consequences, not intentional design.  As a result, our current system of governance can be ineffective, allowing unintended outcomes that subvert common sense and public policy. Guhan suggests a “back-to-the-basics” approach to create effective corporate governance based on three principles: 1. End the culture of short-termism.  Financial performance is not just a quarter-over-quarter, year-over-year endeavor.  Boards should have the right to manage the company for the long term. 2. Develop More Qualified Director-level Talent.   Boards should install mechanisms to ensure the … Continue reading #AlignedValue Deconstructing #CorpGov as we know it to Reconstruct Effective Oversight

Governance, MarketsLeave a comment

#CorpGov #CEO #CFO #Proxy Alert: SEC Proposes Dodd-Frank Amendments to Create #AlignedValue in Equity Ownership

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On February 9th, 2015 SEC Commissioner Luis A. Aguilar released proposed amendments to Section 955 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue # 1: Can transparency align equity ownership and shareholder interests? The amendments introduce a new section – 14(j) – which would enhance transparency by including disclosures that indicate whether employees and members of the board of directors are permitted to engage in transactions to hedge or offset any decrease in the market value of securities granted by their company as compensation – or held directly or indirectly. Such disclosures would allow investors to fairly evaluate if employees and directors may, or may not, mitigate or circumvent alignment … Continue reading #CorpGov #CEO #CFO #Proxy Alert: SEC Proposes Dodd-Frank Amendments to Create #AlignedValue in Equity Ownership