2018 was anything but quiet. As the year draws to a close we have curated a selection of the year’s most popular insights for directors, including articles on the Banking Royal Commission, the CBA-APRA report, profiles of prominent directors and performance tips and tricks.
In June, Company Director magazine released its award winning edition on the fresh lessons learnt from Rounds 1-3 of the Banking Royal Commission. The article covered: the role of the board, its oversight of management and risk, accountability, culture and incentives, plus the quality of decision-making by management and directors when under pressure are now under intense public scrutiny.
If your board wants fresh ideas and digital skills, the answer must be yes. A new generation of millennial directors talks about the challenges they face and the issues they consider important.
The 111-page report, released on 1 May 2018, has been described by Treasurer Scott Morrison as “required reading” for every board member in the country. You can access the whole report here.
The report follows from an APRA inquiry into governance, culture and accountability within the CBA group initiated following a number of damaging public incidents involving the CBA, including most notably, the AUSTRAC anti-money laundering proceedings.
“Across my life I’ve held some significant public roles and had some terrific opportunities and experiences, but on the whole, mine has been a pathway pretty typical of many women of my generation. It’s an Aussie story of the girl who grew up in the bush, went to the city to be educated — boarding school and university.”
Dame Quentin Bryce AD CVO reflects on her trailblazing journey... so far.
Financial sustainability is core to organisation survival and success. Senior directors offer their insights on financials that boards need to be across.
Bradley says, “The report by the Panel headed by former APRA chairman, John Laker, is the most compelling analysis of corporate governance at a major public company ever to be published. Indeed, its scope and public release are unprecedented. It will undoubtedly be influential in the approach and policies of corporate regulators around the world.”
Social and reputational risk, increasing legal demands and greater scrutiny are making school governance more challenging for directors.
The release of the banking Royal Commission’s three volume interim report was an important moment for governance. The AICD policy team provides an overview of the document, as well as its implications for regulation and directors more broadly.
Essendon’s drugs scandal was a failure of governance amid increasing commercial pressures. Chair Lindsay Tanner explains how the board of one of the AFL’s oldest clubs turned things around.
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