The world’s full of good and bad – good and bad foods, good and bad books, good and bad movies. The list is endless and somewhere in there you’re bound to find good and bad directors. As it’s the bad directors who threaten to disrupt the good workings of the board and, in turn, the entity they serve, it’s worth having a look at just some of the tell-tale signs of bad behaviour. But before we … [Read More...]
Latest articls
Rules apply – to others
In Germany things tend to be a bit different. Our democracy encompasses us all, we have co-determination between representatives of capital and representatives of the workers, and we’ve got rules that don’t apply to everyone. One of these ‘don’t apply to everyone’ is what we call ‘cooling off’, namely a time out when members of the executive board may not move up to the Supervisory Board. To … [Read More...]
Path to Board Positions Paved with Honesty, Discipline and Hard Work
Forget the glamour and prestige of a board position. Yes, it’s a great professional achievement, it opens up enormous opportunity and there are plenty of rewards, but getting onto a board – especially if you’re a novice – and then serving on it and doing it justice takes a lot of honesty, discipline, dedication and downright hard work. … [Read More...]
Beyond Shared Value: Character as Corporate Destiny
A new approach to enhancing corporate performance by upgrading the character of an organization. Corporate stewardship—an expanded sense of caring for people, communities, the environment, and future generations—is increasingly recognized around the world as a principle of enlightened business. We can no longer view corporations as isolated and independent entities, free to do whatever their … [Read More...]
DO YOU REALLY NEED A CORPORATE GOVERNANCE FRAMEWORK®?
Johannesburg, South Africa By Jene’ Palmer and reviewed by Terrance M. Booysen We know that both local and international organisations are continuously having to adapt to operate in uncertain business environments. Locally, the release of the Preferential Procurement Regulations 2017, which places stronger emphasis on ‘radical transformation’, against the backdrop of persisting low economic … [Read More...]
When the honeymoon’s over
If there’s a truism in serving on a board, it’s that the smart money is on just about every one of us reaching our sell-by date and if we don’t read the signs, we can expect the dreaded tap on the shoulder. … [Read More...]
Diversity Discussion Guide for Directors
By Curt Leger
In light of new global trends and business imperatives, the need for diversity of experience, background and perspective has become an important board mandate. Boards have a responsibility to prepare for the future of their organizations and to take the strategic actions necessary to meet shifting stakeholder demands and adapt to the rapidly changing environment in which their companies … [Read More...]
WORKPLACE STRESS: A REAL ORGANISATIONAL RISK
Article by Dr Dicky Els and Terrance M. Booysen It is imperative that the impact of work-related stress and the negative impact of distress be incorporated into the organisation’s enterprise-wide risk management framework. A Bloomberg study conducted in 2013 revealed that South Africa is the second-most ‘stressed’ country out of a study of 74 countries. This is hardly surprising given the high … [Read More...]
POLYGRAPH TESTING: IS IT A LEGITIMATE MEANS TO CURTAIL CRIMINAL BEHAVIOUR IN THE WORKPLACE?
By Terrance M. Booysen and reviewed by Osborne Molatudi (Partner: Hogan Lovells) On a worldwide basis, criminal activity in the workplace -- detected or undetected -- is at an all-time high. Fraud, corruption and other forms of economic crimes are rife, and perceptions of increasing illicit behaviour are backed by reputable subject matter experts and research agencies, with alarming statistics. … [Read More...]
Why do we have corporate governance regulation?
By Simon Laffin
What drives corporate governance regulation? Is it media focus, political pressure, or a need to ’do something’? Or is it sound analysis leading to thoughtful prescriptions? I suspect that pretty much everyone accepts that the answer is somewhere in the former list. Why does it have to be like this? … [Read More...]
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