Articles
What part do NEDs play in business success?
When large organisations hire non-executive directors, it’s often reported in the press. Yet these NEDs are not company employees, and are not responsible for the running of the business, so why the interest? Why do companies hire NEDs, and what role do they play?
How much time does the NED role take?
A non-executive director’s time commitment falls under three headings: planned contact time, preparation and personal time, and unplanned contact time. Here’s a rundown of the activities under each of these headings.
Do you have the right people on the bus?
Research has shown that highly successful companies maximise their productivity by putting the right people on the corporate bus, in the right seats. To do this, you need to look at both your hiring practices and your organisational chart with an eye to the three dimensions of success.
Attributes of a successful non‑executive director
Non-executive directors act as the custodians of good governance. Here’s a rundown of the qualities that characterise a successful NED, and the rules that govern their appointment.
How to find the right NED for your business
Non-executive directors (NEDs) are a business investment, and they don’t come cheap. You need to choose carefully. So, how do you find “the right one” for your company? Follow these steps to secure the independent perspective your board needs.
What are the responsibilities of a non-executive director in a private company?
The role of NEDs in private companies is typically based on that of NEDs in public companies, and there is no distinction in law between their duties and responsibilities. Click for more detailed information.
Six steps to a winning strategy
The process of creating a successful business strategy consists of six steps, starting with goal setting and ending with monitoring and adjusting. Click for full details.
Six crucial questions for NEDs in family-owned businesses
Non-executive directors and board advisers in family-owned businesses face both challenges and opportunities not found in other types of company. Here are six questions you need to ask yourself before accepting such a role.
Why use an external trainer?
Bringing in a corporate training partner rather than trying to do everything in-house can offer several positive returns. Here are some of the benefits of outsourced training.