Governance Institute blog

Five thoughts on catastrophic uncertainty

Posted by Mark Humphreys, Partner, Riskwest on 17/07/2017

In a previous role in the UK, I worked with an insurance company and was assigned to a client that processed poultry. They were a global player with factories in multiple jurisdictions, and lots of supply chain risk exposure. I distinctly remember the day I asked them about their approach to crisis management, and their representative (a senior executive) pointed towards the cones and first aid kit in the back of the Range Rover. 

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The danger of runaway leadership

Posted by Lord Owen, House of Lords of the United Kingdom and former British Foreign Secretary 1977–79 on 07/07/2017

Hubristic individuals are a threat to governance in all organisations. For all the money and time business spends on risk management, building complex models and using quantitative statistical methods, it needs to devote at least as much money and effort to biological, chemical and human resources research on personality and behaviour.

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How does your remuneration compare?

Posted by Terry McGuirk, McGuirk Management Consultants on 04/07/2017

As in previous years,  the 2017 report is based on remuneration data covering 1,021 boards and collected from 390 online contributors (mostly Governance Institute members), 261 boards which are ongoing contributors to the survey and 370 client boards of McGuirk Management Consultants.

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Investment in their boards and leaders benefits charities

Posted by Susan Pascoe AM, Commissioner, Australian Charities and Not-for-profits Commission on 27/06/2017

Investment in the development of a charity’s board and leadership should be viewed as a necessary expense; one which increases an organisation’s effectiveness by strengthening its skills and knowledge base.

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Risk management a great career option for success minded professionals

Posted by Peter Wyntie Director and Principal Consultant, Peter Whyntie & Associates Pty Ltd on 25/05/2017

If there is one thing I’ve learned after 25 years in the risk business, it’s that you’ve got to keep on top of your game and walk the talk. Risk management in any space has been a burning issue — especially since the Global Financial Crisis — and organisations are always on the lookout for qualified risk managers, particularly those with ‘stand-out’ qualifications like Governance Institute’s Risk and Governance Professional designation which is — without doubt — one of the best on offer.

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Shareholder activism: A new frontier for governance professionals

Posted by Michael Chandler, Governance Director, GPS on 25/05/2017

Governance professionals take note!  Institutional shareholders are becoming very active when it comes to governance concerns presenting themselves at shareholder meetings, be it at the annual general meeting or a requisitioned extraordinary meeting, so ignore them at your peril.

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