Are Boards Up For The Challenge?

I recently had the good fortune to attend the Governance Institute of Australia’s National Conference in Sydney. The conference had as its theme – trust, respect, and challenge. Each of those themes could command a session on its own, but arguably they are inextricably linked and therefore whatever is said about one will impact on …

The Inestimable Value of Governance

Happy new year for FY2020. Our challenge is clear. Organisations need to garner their directors and leadership group to commit to achieving at least 10% improvement in their present governance practices. What will start and sustain this transformative commitment? If today, governance is more important than ever before, and more and more directors, leaders, community …

Increased Focus on Transparency

The new whistleblower laws offers benefits far greater than simply the protection of whistleblowers. Corporate cultures of silence, which nurture the turning of a blind eye to wrong doing, only weakens the organisation’s performance. Strong governance on the other hand, which openly supports the reporting of wrongdoing, is evidence of governance aligned with high performance. …

Performance Impact of Collective Intelligence

He was Charles Darwin’s half-cousin, and it was Sir Francis Galton who derived the measure to quantify normal variation – the standard deviation, when describing a spread around the central value of any statistical analysis. At a livestock fair in 1906 he witnessed a contest concerning villagers guessing an ox’s weight. Around 800 participated, and …

Split Truth

“How do you like the Queen?”Those familiar with Alice in Wonderland will recognise these words spoken by the Cat to Alice.And of course we know that Alice began to say “Not at all, she’s so extremely …” before she noticed that the Queen was listening.Those in key leadership roles may well reflect on what we …

A story of “leadership dishonesty”

  Commissioner Hayne’s report into Misconduct in the Banking, Superannuation and Financial Services Industry is a shameful story of extraordinary leadership dishonesty. Whatever their role – chairman, director, MD/CEO, senior executive, professional advisor, business partner, industry/professional body, or in many of the other capacities, the organisations’ leaders treated people dishonestly. It is an appalling governance …

The Endangered Strategic Thinking Director

Thinking is something that is common among what we all do. Alan Turing  was moved nearly 70 years ago to comment “I propose to consider the question, ‘Can machines think?’” Instead of the word ‘machines’ it seems useful to ask whether directors can think when operating as part of a board? One strongly held view …

Maintaining the Social Licence to Operate

  The “Maintaining the social licence to operate: 2018 KPMG – AICD trust survey” shows that directors are acutely aware of the need for their organisations to maintain trust with stakeholders. The Edelman Trust Barometer report clearly found a declining trust across media, government, NGOs and commercial organisations. About 62% of directors surveyed consider they …

Did Someone Mention Culture …. Again?

Sometimes it is easy to feel that professionally you are flying solo. There is a sense that a bigger game of cat and mouse operates and somehow, you’re the cheese.
It’s easy to observe that governments pass more or stricter regulations to plug loopholes, and employees then find new loopholes which exploit those new regulations; so, Groundhog Day is revisited.
When will enough people say that the fault is not in our laws but with us?

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