The Boardroom Blog

Social media risk management for board directors

Tuesday, November 01, 2011 | Posted by: Paul Mewett
Categories: Risk | Tags: Board, report, risk, advice, risk management, guide, Twitter, social media, crisis, Facebook, Strategy, reputation, PR, Alan Joyce, Qantas, monitoring, Internet Intelligence

image

Social media – what’s the worst that can happen? Quite a lot, as Qantas found out, when a social media crisis hit both its share price and its world-famous reputation for safety. Grant Thornton’s Internet Intelligence team reviews the story and suggests ways in which companies can implement a social media risk management strategy.

Continue Reading

Highlights from the 2011 FTSE 350 Corporate Governance Review

Wednesday, October 26, 2011 | Posted by: Simon Lowe
Categories: Governance | Tags: Board, governance, FRC, compliance, FTSE 350, diversity, chairman, comply or explain, auditor, Davies report, transparency, internal control, effectiveness

Discover the key findings on compliance, board diversity, remuneration and other governance issues in our FTSE 350 Corporate Governance Review, published next month.

Continue Reading

Pressure remains on companies to improve female representation on boards

Thursday, October 13, 2011 | Posted by: Ben Langford
Categories: Governance, Non-executive director | Tags: Board, boardroom, FTSE 350, women, women in business, gender, diversity, female, review, quotas, directors, representation, Lord Davies, Ben Langford, Davies report

Fresh changes to the UK Corporate Governance Code by the Financial Reporting Council (FRC) this week seek to “strengthen the principle of boardroom diversity” – and companies are being urged to respond rapidly.

Continue Reading

Are UK businesswomen more likely to be CEOs, FDs or in another director role?

Thursday, September 01, 2011 | Posted by: Fiona Cullinan
Categories: Research, Thought Leadership | Tags: business, statistics, Board, report, survey, UK, CEO, data, CFO, FD, women, infographic, finance director, IBR, women in business, gender, diversity, International Business Report

image

Find out which senior management positions UK businesswomen are getting with our visualisation of data from the 2011 Grant Thornton International Business Report (IBR), which reveals the distribution of roles across UK boardrooms.

Continue Reading

Corporate governance framework for European companies: what needs to be improved?

Tuesday, April 12, 2011 | Posted by: Fiona Cullinan
Categories: Governance | Tags: Board, governance, Corporate Governance, Simon Lowe, women, gender, diversity, UK Corporate Governance Code, Europe, guidance, comply or explain, debate

Last week the European Commission launched a public consultation into European corporate governance, its effectiveness and possible ways forward. On the discussion agenda are board effectiveness, gender diversity, short-termism and the failure of self-regulation prior to the economic crisis. Read on to join the debate.

Continue Reading

Essentials unravelled for non-executive directors

Tuesday, April 05, 2011 | Posted by: Fiona Cullinan
Categories: FRC, Governance, Non-executive director, Thought Leadership | Tags: tax, Board, governance, report, FRC, pensions, Bribery Act, financial reporting, UK Corporate Governance Code, guidance, NEDs, NED, iXBRL, FRRP, auto-enrolment

image

What issues will be topical during the current reporting cycle for private and non-listed companies? And what are their wider business concerns? Grant Thornton’s new guide helps non-executive directors (NEDs) understand the issues.

Continue Reading

New guidance on what makes an effective board

Tuesday, March 22, 2011 | Posted by: Fiona Cullinan
Categories: FRC, Governance | Tags: Board, governance, FRC, women, gender, diversity, succession planning, UK Corporate Governance Code, guidance, NED, chairman, Higgs, composition

image

The long-awaited replacement of the Higgs Guidance was released this month. So what do you need to know?

Continue Reading

UK boards need more women directors – but how?

Thursday, March 03, 2011 | Posted by: Ben Langford
Categories: Governance, Non-executive director | Tags: statistics, Board, research, compliance, FTSE 350, women, gender, diversity, female, review, quotas, 30 percent club, rotation of directors, directors, representation, Lord Davies, inclusion

image

Companies have a last chance to increase female representation on boards from 9% to 25%, with the threat of quotas if they fail to comply.

Continue Reading

Eight key changes in UK Corporate Governance Code

Thursday, February 17, 2011 | Posted by: Fiona Cullinan
Categories: Governance, Research | Tags: Board, governance, FRC, FTSE 350, non-executive director, women, gender, diversity, remuneration, UK Corporate Governance Code, bonuses, NED, chairman, Turnbull

In the fast-changing landscape of UK corporate governance, what are the key recent changes that UK boards need to be aware of?

Continue Reading

Is your FD a chief exec or chair in waiting?

Thursday, October 28, 2010 | Posted by: Fiona Cullinan
Categories: Thought Leadership | Tags: statistics, Board, report, survey, CEO, data, CFO, FD, talent, Directorbank, finance director, analysis, skills, career, chief exec, chair, progression, expertise, commerical

Is becoming a CEO or chair a natural progression for an FD? Which is a more suitable role? When doesn’t it work? Find out what 350 directors thought about career paths for finance directors in our FD survey, researched in conjunction with Directorbank.

Continue Reading

Boards need to improve their decision making process - have your say

Friday, August 06, 2010 | Posted by: Grant Thornton
Categories: FRC, Governance | Tags: Board, governance, FRC, Corporate Governance, Simon Lowe, UK Corporate Governance Code, NED, ICSA, Financial Reporting Council

A well designed decision making process is one of the most important characteristics of an effective board.  As such boards should not allow themselves to be influenced by a dominant personality or have “no go” areas for non-executives.

Ask yourself - is such a situation familiar to you?

Continue Reading

10 ways to put business models on the board agenda

Monday, March 15, 2010 | Posted by: Grant Thornton
Categories: Governance | Tags: Board, business models, New Business Models, listed, The Economist, Strategy

image

We commissioned The Economist Intelligence Unit to survey UK executives on how assumptions on business models have changed, and how companies are planning to adapt over the next 18 months.

Continue Reading