What Is a Strategic Mindset? Definition, Examples, and How to Develop One
The Short Answer Strategic thinking at board level is not the ability to devise a strategy. That is the executive’s job. It is the ability to test one: to work out what a plan assumes, which of those assumptions is most likely to be wrong, …
The Pros and Cons of Hiring Interim NEDs
SEO TITLE (48 chars): The Pros and Cons of Hiring Interim NEDsMETA DESCRIPTION (157 chars): An interim NED brings speed and specific expertise but less depth and continuity. The real pros and cons — and why an interim NED still oversees, not executes.SLUG: /the-pros-and-cons-of-hiring-interim-neds/ The …
The NED Recruitment Process: A Step-by-Step Guide for Chairs
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: Recruiting a non-executive director is one of the chair’s most consequential responsibilities, and a good process runs through six clear stages: define the need through a board skills …
How Boards Can Attract NEDs with Digital Expertise
How Boards Can Attract NEDs with Digital Expertise The Growing Need for Digital Expertise on Boards The Digital Transformation of Business In recent years, the rapid pace of technological advancement has fundamentally transformed the business landscape. Companies across all sectors are increasingly reliant on digital …
The NED’s Role in Ensuring Diversity Beyond the Boardroom
The NED’s Role in Ensuring Diversity Beyond the Boardroom Understanding the Role of Non-Executive Directors (NEDs) Defining Non-Executive Directors 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. Unlike executive directors, NEDs …
The Expanding Role of NEDs in Sustainability Reporting
The Expanding Role of NEDs in Sustainability Reporting Understanding the Evolving Landscape of Sustainability Reporting Historical Context of Sustainability Reporting Sustainability reporting has its roots in the broader movement towards corporate social responsibility (CSR) that gained momentum in the late 20th century. Initially, companies focused …
Board Committees Explained: Where Do NEDs Add the Most Value?
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A board delegates detailed governance work to committees — principally the audit, remuneration and nomination committees, with a separate risk committee in financial services. Under the UK Corporate …
How to Create Constructive Tension in the Boardroom
How to Create Constructive Tension in the Boardroom Understanding Constructive Tension in the Boardroom The Concept of Constructive Tension Constructive tension refers to a dynamic state within a group where differing opinions, perspectives, and ideas are encouraged and leveraged to foster innovation, creativity, and effective …
Why Independence Matters More Than Ever for NEDs
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: Independence is not one attribute of a non-executive director among many — it is the source of almost everything a NED is for. It is what allows them …
The Benefits of Serving on Advisory Boards Before Becoming a NED
The Benefits of Serving on Advisory Boards Before Becoming a NED Understanding Advisory Boards and NED Roles Defining Advisory Boards Advisory boards are informal groups of experts who provide strategic advice and guidance to an organization. Unlike a board of directors, advisory boards do not …
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