Strong values and principles are key traits in effective business leaders – but they can come with tendencies to take fewer risks and be less proactive or innovative.
When directors sit on too many company boards they might become what’s referred to as ‘overboarded’.
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Australia’s rules on how investors engage with companies, coupled with the clout of superannuation investor groups, means there’s potential for more shareholder activism.
The Australian Institute of Company Directors (AICD) is pushing for reforms allowing directors to rely on honest and reasonable conduct as a defence against company liability. The AICD believes this new…
Getting along: existing ABC board members should have input into new board selections.
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Who’d want to be a board member of the ABC or SBS? The federal budget wiped 1% from the broadcasters annual funding and confirmed the Australia Network will cease its service. It is vital the three soon-to-be-appointed…
Board members don’t always have all the answers.
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Many employees and investors in large companies believe organisational leaders overuse consultants. Witness the latest broadside at the embattled David Jones board, accused of appointing advisers to take…
Sixties style - Mad Men characters Roger Sterling and Don Draper still show men how it’s done in business and politics.
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Labor may have “ditched the witch”, but does the ejection of Julia Gillard from her seat of power close the book on the debate about sexism that she championed and the role of women in leadership? Our…
Boards will need to be ‘six-capital literate’ in order to assess performance, identify risks and develop strategy.
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Paul Druckman, the CEO of the International Integrated Reporting Council (IIRC), recently led the coalition’s global charge on corporate reporting changes to Australia, where he bolstered support and talked…
Bolstering services such as childcare will allow women to remain in the workforce and pursue ambitious career paths.
It’s accepted across the globe that women are under-represented in business leadership positions and that something should be done about it. To date, the focus has been on increasing the number of women…
Onwards and upwards: using quotas and targets could pave a leadership path for more women.
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Despite great aspirations and considerable effort towards attaining more women in leadership, progress over the last 10 years has at best been slow, as a recent report from the Australian Bureau of Statistics…
US Secretary of State Hillary Clinton has spearheaded global push to increase women’s participation in public and corporate life.
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Pressure is mounting globally for women’s equal participation in corporate and public life. As of March 2012, women made up only 3.2% of presidents and chairmen and 13.7% of board seats in European companies…
Outgoing IBM head Samuel Palmisano with successor Virginia Rometty – the company’s first female CEO.
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The appointment of Virginia Rometty as the first female chief executive of IBM represents a significant step forward for women in the world of business. But while Rometty’s elevation makes her one of the…
Although the Centro ruling applied to a listed company, directors of not-for-profits should take notice.
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The flood of media coverage following the landmark Centro Properties Group findings has left directors from both the public and private sector concerned over an apparent increased level of expectation…
Centro Properties Group’s directors were found to have breached the Corporations Act.
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The Centro Properties Group ruling is one of the most significant judgments we have had in the areas of corporate law and corporate governance in a number of years. Federal Court Judge John Middleton ruled…