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Mark Spelman, Global Head of Strategy, Accenture“The UK economy has three major challenges – reducing government spending; rebalancing the economy with less dependence on the financial services and government sectors and repaying consumer debt. To counterbalance these forces, more entrepreneurial dynamism will be critical to driving sustained economic recovery – the UK needs....."
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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.
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