Tag: NED

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: The best boards do not wait until a non-executive vacancy arises to start thinking about who might fill it. They treat the renewal of their non-executive talent as …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A non-executive director’s performance cannot be measured by a profit-and-loss number, because a NED does not run the business. Leading boards instead assess NEDs through structured evaluation: a …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A new non-executive director arrives with a board seat but not yet with standing — and the two are not the same. A NED has no positional authority …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: Non-executive directors are structurally well-placed to strengthen a board’s transparency and ethics precisely because they sit outside day-to-day management. Five concrete ways they do it: (1) bringing independent …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: The most damaging non-executive director mistakes are not exotic — they are familiar failures of practice that recur on boards of every kind. The seven worth guarding against: …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A non-executive director should challenge a market-entry plan whenever its case rests on optimistic assumptions that have not been stress-tested — a single rosy forecast with no downside …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A shadow board — sometimes called a next-generation or junior board — is a group of younger or more junior employees who meet in parallel with the main …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: The ethical culture of a company — whether people do the right thing when no one is watching, and feel able to raise concerns when something is wrong …

By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: Before accepting a non-executive role, a director should be clear on the terms that genuinely matter — and most of them belong in the letter of appointment. The …