Too many board members only view their organisation’s governance framework as a means to assess compliance. The opportunity to leverage the outcomes of governance assessments
There is a Chinese proverb which states: “The wise adapt themselves to circumstances, as water moulds itself to a pitcher”. To ensure that organisations continue
With the media spotlight on the dismal state of governance in some of South Africa’s public and private organisations, as well as many of its
While the board attendance fees paid to Non-Executive Directors (‘NEDs’) may be a strong incentive for certain individuals to avail themselves for these boardroom positions,
Directors and officers of all organisations are facing an increased risk of personal exposure. Their roles and responsibilities have become progressively more onerous in recent
Given the wide reaching implications and personal liability which is attached to directors in most juristic entities — be these of a local or international
Where the old South African Companies Act of 1973 did not specifically spell out directors’ functions and duties in detail, the new Companies Act of
It is not surprising that many business leaders have become a lot more circumspect about their positions — including their waning risk appetite — as
It is imperative that we are able to detect — at its early stages — when the board is leaning toward some form of dysfunctionality,
One must be reminded of the directors’ pledge to serve the interests of the company and that they will hold themselves accountable to protect the