The justification is that one year terms will make directors more accountable to shareholders, but do you think it will make them too concerned with shareholder interests?
View answers by:
Weekly updates from Criticaleye's CEO focusing on issues being faced by today's leaders
High Performing Board series: Diversity
The New Face of Innovation
The Power of the Chairman
Register here to receive the Community Updates
Ian Denley, CEO, System C“Organisations need experienced non-execs, especially if they are going through the growth and scaling phases. Having people that have ‘been there and done it’, whether it be making acquisitions, finding funding, or setting strategy, is extremely useful.”
|
Contact Us
If you are interested in learning more about getting involved in the Criticaleye community, please contact:
Telephone: +44 (0) 20 7350 5117 Email: info@criticaleye.net |
|
Operational Involvement of Non-executives
The board is rarely questioned when organisations are running smoothly. However, when operations go wrong, like BP, the board is held accountable and questioned about their knowledge of the missteps and their reasons for not getting involved earlier. In a July 9th opinion piece featured in the Daily Telegraph, Lord Norman Tebbit questioned the role that BP non-executive directors played in the crisis. “They should have been alert to the dangers of a lack of operational experience not only of their executive colleagues, but further down the line, among those immediately assessing the quality of sub-contractors’ operations,” writes Lord Tebbit.
Read More |
|
Recently Released
|
|
Most Popular
|
|
Don't Miss
|
