The Importance of a Committee Charter
by April 29, 2019 on
Organisation documents play key roles in day to day business operations. They instill confidence not just within the company, but among investors and clients as well. There are many different kinds of documents, each of which serve different purposes—constitutions meet compliance requirements, contracts protect two parties in a deal, and many more. One of these documents is the committee charter. (more…)
Targeted Attacks: Is Your Company Next?
by April 24, 2019 and last updated on April 24, 2019 on
You come home from a long day at work, thinking it’s finally over and everything has been submitted. You’re exhausted, having been up for the last 28 hours. As you head to bed, you check your email one last time and you see an email urging you to change your password as you might have been hacked. Better be safe and just change it, you think; clicking on the link provided and filling out the form. Suddenly, you have just become a victim of a phish.
You may be the most security conscious individual when it comes to emails and messages but sometimes, all it takes is just a slight lapse in judgement for you to become a victim. In fact, Symantec reported that 1 in 33 users were exposed to a phishing attempt by the end of 2018. With how common social engineering attempts are nowadays (especially targeted ones) , it does not hurt to be more careful. (more…)
Meeting the Quorum: What You’re Doing Wrong and How to Fix It
by April 15, 2019 on
Board meetings run an organisation. Though infrequent, a board meeting is where board members take the opportunity to discuss critical matters and, more importantly, make decisions that will affect an organisation in its entirety. That level of decision-making is a heavy and crucial responsibility for everyone involved but with that responsibility comes also a significant amount of authority – the kind that can be easily manipulated to discreetly impose personal interests. Alongside this is also the possibility of committing grave errors during the decision-making itself. With these risks in mind, a solution designed to keep both decisions and decision-makers in check was imposed: the quorum.
Diversifying Boards for the Future
by March 28, 2019 and last updated on April 24, 2019 on
As Women’s History Month comes to an end, we take a look at how board diversity—specifically gender diversity—has played a role in pushing for progress and innovation in boards.
Gone are the days when board composition relied heavily on how like-minded members were. This strategy was deemed the most logical when it came to building boards since it made pushing forward specific agenda points—which were all easily unanimously agreed or disagreed upon—much quicker. However, many directors, executives, and consultants alike saw flaws in this setup, especially when board insularity got in the way of innovation and responding to an increasingly dynamic and complex environment. Because of this, many called for the movement towards more diverse boards, claiming that a wide range of perspectives leads to a more inclusive corporate culture, better risk management, holistic strategic perspectives, and even better brand value.
9 Essential Director Interview Questions: Secrets to Successful Hiring (Part 2)
by March 8, 2019 and last updated on March 11, 2019 on
In part one of this article, we discussed how it is the board members’ responsibility to select the next executive director and how the whole process is critical for any organization. We touched on the basic interview matters such as background, vision, leadership, and communication.
Now, the next set of director interview questions will help you evaluate how the candidates fit in with the culture of the company. (more…)
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