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.
In this film, Karen Hester, Chief Operating Officer and an executive board member at Adnams plc, explains how she worked her way up from applying to be a cleaner in 1988 to her present role. She talks about a big long-term investment decision she stewarded through the board and what she’s learnt about being a successful board member and business woman.
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.
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.
Ukraine crisis: central resource hub
Resources, news and features on the impact of the Ukraine crisis on accountancy, business and the wider economy. Learn about the actions that ICAEW members are taking to ensure that their clients comply with sanctions imposed by different countries and jurisdictions, and discover the support available from ICAEW.Find out more
Stay up to date with the latest news and developments in corporate governance, to help you in your role as a board member, NED or corporate governance professional. Membership is free and open to everyone
Boards, strategic risk and dealing with uncertainty: looking at scenario planning
Now more than ever boards need to prepare for strategic risks and look beyond short-term forecasts by using long-term scenario planning and risk modelling. Peter van Veen, ICAEW’s Director of Corporate Governance and Stewardship, explores how boards can prepare for unforeseen eventualities such as the war in Ukraine.Read more