Category Archives: David’s Hot Topics

Hold Boards of Directors Accountable

Hold Boards of Directors Accountable

By David R. Beatty C.M., O.B.E. Boards of Directors should be held accountable when it comes to scandals or criminal failure. Here’s why. USA Gymnastics board members resign amid Nassar sexual assault scandal. They should have been held accountable – and the University of Michigan is opening a full-scale investigation into who knew what and… Continue Reading

Field Visits By Directors

Field Visits By Directors

By David R. Beatty C.M., O.B.E. To understand the operating culture of a company field visits are an absolute must. Here’s why. You can understand nothing, absolutely nothing, about the operating culture of any company by sitting around the boardroom. At the boardroom table you “eat what you are fed” by the top management team. This… Continue Reading

The Role of the Chair Orchestrating the Board

The Role of the Chair Orchestrating the Board

By David R. Beatty C.M., O.B.E. An effective Chair is absolutely central to building a value-added board. The responsibilities of a modern Board Chair have evolved significantly in the past decade, and so too must the individuals who now hold the post. There are three essential components of the Chair’s role: 1. Talent: ensuring the… Continue Reading

Are You Getting All You Can From Your Board of Directors

Are You Getting All You Can From Your Board of Directors

Boards of directors have always, in all cultures, represented the shareholders in publicly traded companies—validating financial results, protecting their assets, and counseling the CEO on strategy and on finding, then nurturing, the next generation of leaders. It’s a tough and demanding responsibility, requiring individual directors to learn as much as they can about a company… Continue Reading