Most boards have some members who are “coasting” through the meetings. That is, they rarely contribute, seem to vote with the majority, and don’t really add value to the decision-making process. A strategy to engage these members is the subject of an article by Corrinne Armour (see link: http://betterboards.net/governance/enabling-decisions-board-table/ ). …
Australian Households Feeling Better and Shopping Online
Monday, November 25, 2013ING Direct regularly conducts significant research into the Financial Wellbeing of Australian Households, and their latest, the Q3 ING DIRECT Financial Wellbeing Index, indicates that household comfort levels are improving. The number of households who are ‘very comfortable’ with their mortgage or credit card debt (69% and 65% respectively) has …
Informality in Board Meetings No Longer Acceptable
Monday, November 25, 2013Corporate governance in Australia has been impacted significantly in recent years as a result of the James Hardie (and associated) legal case. It all stems back to 2001 when the (then) board of James Hardie approved an ASX announcement that was subsequently found to be misleading. ASIC prosecuted, and the …
New Digital Fundraising Methods
Monday, November 18, 2013Raising funds is at the core of survival for most Not-For-Profit (NFP) entities, and keeping pace with the latest fundraising techniques, methods, attitudes and data can exhaust NFP leaders. If only we could automate the process so that it doesn’t absorb every waking moment of our lives. Well, the latest …
Governance Lessons From the Essendon Football Club Experience
Monday, November 18, 2013As a pause occurs in the media frenzy surrounding enquiries into the activities of the Essendon Football Club (EFC), we have an opportunity to reflect on what lessons can be learned. By way of refresher, during 2013 the medical practices of the EFC were investigated in light of allegations some …
Have You Made A Mistake? Admit It!
Monday, November 18, 2013A recent article in Human Capital Online features the results of a survey about leaders in Australia and New Zealand. See the full article here: http://www.hcamag.com/hr-news/australian-leaders-fearful-and-disconnected-181327.aspx The article cites the Leadership Pulse Survey by the Forum Corporation and the following startling facts: 78% of leaders said they often or always …