How Much Should You Pay a Non-Executive Director in 2025?
How Much Should You Pay a Non-Executive Director in 2025? The Evolving Role of Non-Executive Directors Historical Context Non-executive directors (NEDs) have traditionally played a crucial role in corporate governance, primarily serving as independent overseers of a company’s management and operations. Historically, their responsibilities were …
5 Things I Wish I Knew Before Becoming a Non-Executive Director
5 Things I Wish I Knew Before Becoming a Non-Executive Director The Journey to Becoming a Non-Executive Director Understanding the Role The journey to becoming a Non-Executive Director (NED) begins with a clear understanding of the role itself. Unlike executive directors, NEDs are not …
Lessons from Boards That Got Succession Planning Right
Lessons from Boards That Got Succession Planning Right The Importance of Succession Planning Understanding Succession Planning Succession planning is a strategic process that ensures the continuity of leadership within an organization. It involves identifying and developing internal personnel with the potential to fill key leadership …
A Week in the Life of a Portfolio NED
A Week in the Life of a Portfolio NED Introduction to Corporate Governance and the Role of a Portfolio NED Understanding Corporate Governance Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing …
Board Liability Insurance: What’s Covered and What’s Not
Board Liability Insurance: What’s Covered and What’s Not Introduction to Board Liability Insurance Understanding Board Liability Insurance Board Liability Insurance, often referred to as Directors and Officers (D&O) insurance, is a specialized type of coverage designed to protect the personal assets of corporate directors and …
What the Companies Act 2025 Could Mean for UK Boards
What the Companies Act 2025 Could Mean for UK Boards Introduction to the Companies Act 2025 Background and Context The Companies Act 2025 represents a significant legislative update in the UK, aimed at modernizing corporate governance and aligning with global best practices. This Act is …
Writing the Perfect NED Job Description: A Step-by-Step Guide
Writing the Perfect NED Job Description: A Step-by-Step Guide Introduction to Non-Executive Director (NED) Roles Definition and Purpose of NEDs Non-Executive Directors (NEDs) are members of a company’s board of directors who do not engage in the day-to-day management of the organization. Their primary …
How to Conduct a Board Skills Audit Before Hiring a NED
How to Conduct a Board Skills Audit Before Hiring a NED Introduction to Board Skills Audit A board skills audit is a systematic process used to evaluate the skills, knowledge, and experience present within a board of directors. This assessment is crucial for identifying gaps …
Getting Beyond the ‘Same 50 Names’: Expanding Board Diversity Pools
Getting Beyond the ‘Same 50 Names’: Expanding Board Diversity Pools The Importance of Board Diversity Enhancing Decision-Making and Innovation Board diversity is crucial for enhancing decision-making and fostering innovation within organizations. Diverse boards bring together individuals with varied backgrounds, experiences, and perspectives, which can lead …
The Case for Socioeconomic Diversity Among Non-Execs
The Case for Socioeconomic Diversity Among Non-Execs Understanding Socioeconomic Diversity in Corporate Leadership Defining Socioeconomic Diversity Socioeconomic diversity refers to the inclusion of individuals from a variety of economic and social backgrounds. In the context of corporate leadership, it encompasses the representation of leaders who …
