Virtual Meetings: preparing agendas and papers checklist

Different agenda structures and different board packs are needed for virtual board meetings.  Just trying to do things in the same way does not work.  Here are two practical checklists of questions around agendas and papers to help Company Secretaries work with the Chair and Management to make sure virtual meetings go well.   And they set out good practice…

Rethink and reshape the way you work

Being a good Board isn’t just about what you do, but also about how you do it.  And trying to carry on as you did before the crisis isn’t going to work.  We’re not talking only about the virtual board meetings that are now normal and will remain so for at least a good few months yet.  It goes much further…

Working from Home: Cyber risk questions boards need to ask

Thanks to COVID-19, boards have many new challenges and risks to tackle right now.  Unfortunately, one of their main pre-crisis worries has just shot up the stress scale.  Even before the crisis, it was hard for boards to know how best to deal with cyber risk.  Now, with many people working from home, the risks are likely to have increased,…

Cyber risk during the crisis: Board checklist

The mass shift to home working has changed the cyber risk threat.  Boards need to understand the new information security worries and risk environment.  And to ask how management are responding so directors can evaluate the remaining exposure levels.   Personal behaviour will be key, so boards need to looking  - and showing – clear cyber risk leadership.  Here we set…

Making virtual board meetings work well

December seems a long time ago.  Back then our monthly Bulletin imagined how boards will be working by 2030 – and suddenly we find that the virtual board meetings we saw as futuristic have already arrived.   So, as boards strive to respond to the many new challenges of the Covid-19 situation, it’s essential that board and committee meetings work better…

A checklist for your Virtual Board Meeting

Downloadable tips for Chairs and CoSecs As boards strive to respond to the many new challenges of the Covid-19 situation, it’s essential that board and committee meetings work better than ever.  The breadth and difficulty of the issues being thrown up is unprecedented and good communication, constructive discussion and clear decisions are essential.  So we've produced a handy checklist for…

The temperature rises in the boardroom

In a month when the new CEO of BP has announced his company’s intention to achieve net zero carbon emissions by 2050, our regular bulletin is taking a leaf out of Greta’s book and going green.  What is a board to do?  Regulators are already making their expectations clear, so, for anyone who is a director of a financial institution,…

Committee Reporting

How to write and present better committee reports for the Board A lot of work on boards takes place outside the actual board meeting – particularly in the committees. That’s where there is a chance for the non-executives to delve into and challenge the detail, and also to bring their particular expertise to bear. Quite rightly, work gets delegated to…

The role of the Audit Committee (Part 2): assessing external audit effectiveness

Last year we looked at how the Audit Committee works with Internal Audit.  This month,  it’s external audit’s turn.   As with internal audit, the Committee both oversees external audit and is dependent upon it for information and assurance.  However skilled and experienced an audit committee may be, it can be difficult to know how to add value when it comes…

‘Tis the season to look to the future

Here in 2030, it’s a good time to look back to on how board life has moved on over the past decade.  That tumultuous time of Brexit and Trump all seems a distant memory now.  And when we look back at how boards used to work back then, it seems light years away too!   It’s a bit like listening to…