What is a conflict of interest? Oxford defines a conflict of interest to mean “a situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity.” The way that these situations of possible [...]
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So far Ariel Fawcett has created 102 blog entries.
Essential Methods to Improve Board Meeting Productivity Board meetings are often seen as merely administrative updates to inform board members about the performance of the organization since the last board meeting. At its core, updates are one of the main functions of a board [...]
A focus on board performance has led to increased scrutiny of who sits on the board and their skills and qualifications. By focusing on a few critical areas of board development and training, an organization can create a strong and successful board lineup. Implementing [...]
A challenge facing board members today is deciding to what extent they should engage with shareholders, particularly activist shareholders. Some believe that the board has a responsibility to engage with shareholders as their representative, while others posit that the board should rely on management [...]
Start the Recruitment Process in the Right Place Whether your board is expanding or replacing a member, searching for a new board member can be a little complicated. Fortunately, most boards implement staggered terms to prevent a mass turnover event at the same time. [...]
Evaluating a software purchase for something as important as your board portal involves doing thorough research. This article will share some of our favorite tips for assessing your future board portal. Software evaluation basics When evaluating new software, the first consideration is always the [...]
Preparing for Positive Engagements Between Directors and Shareholders The relationship between an organization’s board of directors and its shareholders can sometimes be a rocky one. Nurturing this relationship, and the process to build this relationship is important to the future success of the organization. [...]
Informed Diversity Discussions in the Boardroom Diversifying board composition is a trending topic in the corporate governance community to facilitate building better boards of directors. This focus includes broadening board composition with diversity regarding gender, ethnic, and racial backgrounds. Importance of Diversity in the [...]
Improving Data Protection Conversations in the Boardroom At the board and C-suite level of an organization, there is a vital focus on security and data protection. Instances of data breaches have gained the attention of the media and boardrooms worldwide. With the penalties and [...]
How Board Portals Support and Streamline Audits Tools to Make Your Next Audit Easier Compliance audits are critical for all businesses, no matter the industry. There can be costly penalties assessed when violations are discovered, and falling out of compliance with regulations can be [...]