Peter Snowdon explores matters of individual and collective accountability in the boardroom, by way of a look at the PRA’s December 2020 Evaluation Report of the Senior Manager & Certification Regime (SM&CR).
Jenny Simnett (non executive director and researcher at Henley Business School), is leading some important research on the effectiveness and role of Board Nomination Committees. Jenny is seeking Chairs and Non-Executive Directors willing to participate.
Boards are having to consider people agendas as never before, from safeguarding the health of employees to transforming how people work, creating many reasons to allow HRDs to play a more active role on the board.
As we enter a second lockdown, the cabinet’s handling of the crisis wouldn’t be allowed in a boardroom. So we carried out a ‘cabinet evaluation’ to produce these recommendations.
With boards unable to meet in person, and strategy days often unable to stretch the thinking enough, try this zoom-friendly approach instead.
Businesses that manage to strengthen their relationships with stakeholders during the crisis are poised for stronger recovery.
A pandemic review allows pause for thought, provides valuable learning and creates a good foundation for future decision-making.
With society demanding action on unfair and inequitable working practices, the way the board thinks and acts is vital to making this happen.
As entire workforces prove homeworking can be just as, if not more, productive than office working, boards need to consider how they can ‘build back better’ to meet the increased desire for more flexible working.
With important ethical dilemmas needing to be resolved, determining the best way to ease the lockdown will inevitably give rise to tensions on the board. Businesses that want to sustain board unity will need to focus on culture and values.
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