Board Affairs
47 articles filed under Board Affairs.
The Strategic Imperative of Compensation for Board Members
The presence of a well-structured board of directors is synonymous with organizational excellence. However, the effectiveness of a board...
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How to protect your board from the Groupthink risk
“Yes, Mum,” “Yes, Sir,” “You are on point Chairman,” “As the Chairperson has said,” “I concur with the guidance of the Chairman,” etc are...
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Are you a board member: answer the following questions?
On March 14th, 2013, the Board Chairman informed members at the board assembly that one of the directors had resigned mentioning busy and...
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Understanding the board’s oversight and going-concern roles
The two critical roles of the board of directors are (1) oversight and (2) going-concern. The oversight role entails effective risk...
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Make your board more effective with this premium board template
The effectiveness of the board depends on the quality of the reports and papers the executive team prepares against which the board...
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How to transform the company or person instantly
During a strategic retreat, the Chairman of the board was so impressed by my non-conventional approach to strategic planning that he...
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Is your board value-adding? Part 3, create a climate of trust
Do your board members see themselves as peers? Is there mutual trust and candor? In the first part, I listed the four practices that must...
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The delicate balance of the relationship between the Board and CEO
Below enjoy a brief history of the second coming of Steve Jobs at Apple. I got the story as part of a board briefing pack on the...
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Is your board micro-managing the executive?
One sign of bad governance is the involvement of the board in the operations of the business. Does your board: Approve the choice of...
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Are you a good chairperson?
I have worked with so many board and committee Chairpersons over the years. Some are great, others are a disaster. Whereas a few are...
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Seven tips for a new board member to win on any board
Whether you are a new or seasoned board member, the following seven tips will improve your effectiveness and value addition on the board....
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Leading for results at board levels
Want to make an impact on the boards you serve? Insist on quality board papers. Each board paper must cover the following sections at a...
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What's the difference between a board of directors and a statutory board?
In brief: The board of directors a team of people appointed to provide leadership of the company and is led by a Chairman. A statutory...
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The changing role of a Chief Finance Officer
If Legal is a key pillar of corporate governance in any institution, Finance is the Ring Beam that holds the entire structure together....
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Here is how to transform your internal audit department
Are you adding value as an internal auditor or you are just ticking and bashing and getting lost in the paperwork? In these pandemic times,...
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Why do board meetings fail? Here are the top 10 reasons, part 2
You have probably attended a board meeting where decisions reached are not properly summarized for effective follow-up and accountability....
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Why do board meetings fail? Here are the top 10 reasons, part 1
When you are not a board member, you ogle at board members as they visit once in a while attend a board meeting with admiration. What you...
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The two governance insights you need to know as board members
A lot has been written about corporate governance and the role of the board. In these tough times, the board must rise to the occasion to...
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PRESS RELEASE: Summit Consulting appoints a new Director: Pius Babyesiza
KAMPALA - 1st May 2020. Summit Consulting Ltd, summitcl.com, a professional services firm offering proactive forensics and fraud management...
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Ideas to improve your board performance
How do you improve the performance of your board? If your board members are not empowered to contribute to the board discussion, chances...
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How to empower your board to add value
Leadership is most needed during times of crisis, ambiguity, and worries due to uncertainty about the future. It is the leader’s role to...
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Do shareholders play a role in the selection of board members?
Yes. The Board of directors must work in the interests of shareholders. For this to happen, shareholders have a final say in the board’s...
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Insights for a new SME establishing a Board of Directors
Are you an SME considering good governance? The starting point is to set up a Board of Directors, regardless of your size. Research by top...
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Is your board up to the task?
We live in coronavirus times. These times call for new and better ways to work. For long, boards were encouraged to conduct virtual...
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