Boards must lead by example, and must hold themselves and their employees to account for their conduct.
A first step in this behaviour and cultural step change is ensuring any Board has the adequate and effective representation in their ranks.
Not only physical but social diversity is crucial in a Board’s ability to challenge and horizon scan for opportunities and risk.
Equipping a Board with non-executive directors who will be critical friends, rather than seat fillers, is an important step to take.
Read more on this page about the steps a Board can take to put their best and most strategic foot forward.
Compliance is key for effective corporate governance, but it is not the only consideration.
Without transparency an organisation cannot have a sustainable approach to governing.
Measuring the impact of your corporate governance methods is key to success.