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The new boardroom agenda

Why directors are more important than ever

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The key to success in any organisation is long term, sustainable growth but managing that is harder than ever. Faster moving, more complex risks – and opportunities – require more assiduous monitoring, more informed decision-making, and much greater coordination among all employees to ensure corporate success.

This content series explores the central role board members play in this endeavour and how crucial they are to any organisation’s long term health.

Building stakeholder trust

Building a successful organisation across the long term requires senior decision makers to engage with a far broader range of people than they would once have done and to work on a wide range of non traditional and non financial issues. The board has a vital role to play in supporting this work.

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Broadening the remit

Three case studies show why board members and management teams should engage with stakeholders consistently on a far broader range of non-financial and non-traditional issues.

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ARTICLE

A guide to stakeholder mapping and engagement

Organisations have much to gain from using stakeholder maps to build trust and make better decisions.

Strengthening culture

No organisation will be a success for any length of time without the right culture. Board members must support the management team in building an organisational culture that provides a framework for everyone to work together to hit corporate goals and do so in line with strong ethical values.

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ARTICLE

Culture Holds the Key: The Role of the Boardroom

A good organisational culture provides certainty that everyone is working together to hit corporate goals and to do so in line with strong ethical values. This, in turn, makes for a more successful organisation.

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How the Board can make the most of culture surveys

We explore what boards should expect from management when deploying and using culture surveys, and how to use the data.

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Company culture: setting the right tone

Meet four experienced board members who all understand the power of a strong culture for any organisation to achieve its long-term goals.

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Managing risk and building resilience

Managing risk has always been a board priority but today, in a world full of volatility, it’s just as important to build resilience into an organisation. It’s vital the organisation can withstand events that no one is quite ready for – and the Board has a key role to play in helping it prepare

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The role of boards in managing risk

The raft of risks facing a business are more complex, interrelated, and fast-moving than ever before. We examine how boards can help their organisations manage risk more effectively and foster resilience in such uncertain times.

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Podcast

How should a board approach exec pay and what are the risks of getting it wrong?

In this special Insights In Focus episode, we discuss the thorny and often contentious topic of executive pay.

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Article

What sport can teach business about using strategy playbooks

Many coaches and players develop ‘playbooks’ for their teams to pivot and adapt to changing conditions to keep moving towards an ultimate aim, such as winning a race or scoring a goal. Similarly, managers can use strategy playbooks to help their firms respond to a catalogue of risks.

Building a stronger, more effective board

The responsibility for an effective board falls on both board members – to provide the traditional guidance to executives while taking on new non-traditional responsibilities, like corporate ethics and compliance – and the company to engage their board in the right way.

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The critical role of boards in developing strong ethics and compliance

Increasing regulation and public scrutiny of corporate behaviour means ethics and compliance is now a vital part of the boardroom agenda.

Podcast

How a board should maintain the right culture during periods of fast growth

  • 21 Nov 2022
In the first of two Insights In Focus special episodes an experienced panel discuss a dilemma facing a fictional software company.
Listen to podcast
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Podcast

How a board should balance major strategic issues with staff retention and wellbeing

  • 25 Nov 2022
In the second of two Insights In Focus special episodes an experienced panel discuss a dilemma facing a fictional UK-based food manufacturer.
Listen to podcast
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Helping the board make better decisions

Putting in place the infrastructure, processes and materials to ensure a high-performing board.

Building a sustainable business

There is no more important role for boards than to build an organisation that thrives over the long-term and evolves to make the most of the world around it.

Video

Making great investment decisions: Karen Hester, Adnams

The first of four films showcasing board members’ stories and how they ensure a long-term focus for their companies.

ARTICLE

In it for the long haul

Businesses of any size require a set of long-term goals and a detailed plan for how to achieve them. Three very different companies share how they go about this.
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Navigating change to stay ahead

While all businesses may follow a set long-term strategy, they must be ready to navigate major change when the need arises, and then prepare again for further change in the future.
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Jeremy Bentham
ARTICLE

How scenarios help navigate an uncertain world

Running the Shell Scenarios team from 2006 to 2022, Jeremy Bentham played a key role in identifying the risks and opportunities facing the energy giant. He explains how organisations can make sense of an uncertain world.

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A scenario planning guide for boards

To make long-term decisions, board members need a structured way to discuss the future. Dr Trudi Lang, a senior fellow in management practice at the University of Oxford’s Saïd Business School, explains how any business can make use of scenario planning to do so.

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Thinking of becoming a board member?

If you are considering becoming a board member, or have recently joined a board, ICAEW has designed a course to help you understand the board's responsibilities and purpose. Board readiness for new and aspiring directors also offers you the chance to practise your communication skills and learn new strategic tools.

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