Tips, tools, inspiration and best practice for beautifully functioning boards.
When it comes to running an organisation, creating and following both strategic and operating plans can really help enable and actualise the changes you want to make. Plans hold organisations together and keep various teams aligned toward set objectives. More specifically, strategic plans provide key accountability mechanisms for the board, while operating plans provide key accountability mechanisms for the staff.
Blackmores has been in the news with a very public conflict between board and major shareholder and prior CEO, Marcus Blackmore. This will culminate in its AGM with contests for a board seat and re-election of the chair
Board members preparing for the board meeting have lots of information to review and want to get to the important stuff quickly! Unfortunately, with poorly structured, unfocused CEO reports this scenario is all too common.
BoardPro’s ebook, The Problem with Board Meeting Packs, teaches you how to combat inefficient board packs and improve efficiency in board meetings. Covering topics from why board packs fall short, to how the shortcomings can be fixed
Amid the COVID-19 pandemic, remote meetings have become a regular part of most people’s work routines. In fact, an Owl Labs survey report shows that 60% of the respondents participated in virtual meetings more in 2020 than in 2019.
The COVID-19 crisis has demanded a different level and approach in the way organisations and boards tackle today’s challenges. And, despite the ambiguity and unprecedented nature of the situation, now more than ever, boards are being looked at to help lead and navigate organisations through the current climate.
With pressure from shareholders and regulatory bodies, the agendas of board members are jam-packed with to-dos. So, with the little time boards have, it’s crucial to be more efficient when delegating, completing and discussing.
Organisational risk can actually lead to the creation and emergence of innovation and opportunities for business. So, the question is: How can your board turn risk management evaluation into potentially beneficial strategic advancements?
The importance of sustainability, corporate social responsibility and simply being a good corporate citizen, has never been stronger in today’s world. Recent surveys and reports from leading business researchers and advisory firms confirm this important role
It’s important for your Board Agenda to set ground rules for what will be discussed, so referring to the board calendar is a great place to start when creating the right agenda topics for your next meeting.
Board technology is becoming increasingly important for all organisations – big and small. And, so with that, here are just some of the reasons why you need a board portal and how you can implement it successfully.
There are two spheres that help a business run smoothly: Governance and Management. Governance is about thinking long-term. It’s high-level, strategic planning that supports management and holds them accountable, while interfacing between management and shareholders
Setting up an effective and strategic board agenda is not an easy or trivial task. Here we share some of our tried and tested tips on how you can build a strategic board agenda
Recently we welcomed former Xero exec and serial tech investor, Chris Ridd to the BoardPro board. Given we live and breathe governance, this is an exciting process. Chris tells us why he’s jumping onboard for the ride.
Effective boards are made up of strong directors who work together and challenge each other. If you are looking to appoint a new director, it’s important to consider both the appointee and the board dynamic as a whole.
Board administrators play a vital part in making sure board operations are effective and efficient. We discuss the top responsibilities that board administrators must cover, to better understand the important work they do for the organisation
A frequent refrain board members is that “we need to be more strategic”. There are several reasons why ‘operational’ data and discussion tends to distract boards when they should be operating on that higher plane
To be more efficient, boards should have an organised structure to delegate tasks. Having a board committee can help with that, as committees provide a platform for boards to deal with issues that require specialised areas of expertise
No board is perfect. Even when your board is doing its best, it’s difficult to reach your goals, and mistakes are normal. Discover whether your board is making any of these costly mistakes that may be impeding your success
Diversity of thought is growing in today’s governance and group decision-making contexts, not without reason. With the conscious implementation of DoT, there’s a diverse composition of perspectives, which improves the quality in which boards address complex issues
Organisations spend more time online than ever, as remote meetings, hiring, and collaboration all become typical. Organisations worldwide have noticed the advantages of a hybrid working model – a model that combines both remote and on-site working
Attending your first board meeting can be nerve wracking, like your first day on the job – awkward, lacking confidence, unsure of yourself. That’s perfectly normal, whether you’re presenting to the board for the first time or a new director
Board packs often present issues that can be avoided with a little foresight and knowledge. Here are 5 of the most common issues with board packs and how to either solve them or avoid them all together
Poorly run meetings are one of the fastest ways to lose sight of what you're trying to achieve, leaves directors disinterested and wastes their time. You can prevent that by creating agendas that are dynamic and clear
Being a director is not risk-free, but there are ways to protect yourself by ensuring you are as informed as you possibly can be about the business and your role, and about your responsibilities as a director
Create an agenda, build the board pack, take minutes, assign actions, and load files to the secure repository.
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