To better understand succession planning in an Asian context, Spencer Stuart brought together board directors, CEOs and other senior executives in Singapore for a panel discussion featuring Hsieh Tsun-yan, an independent director of Sony Corporation, Bharti Airtel and Manulife Financial; and Koh Boon Hwee, chairman of Yeo Hiap Seng and a board director of Agilent Technologies.
Category: Management
Deloitte’s “Three Minute Guide” to Risk Analytics
It seems like it's always worthwhile to know about new takes on how to think about risk. Here is Deloitte's Three Minute Guide to risk analytics:
Forbes Article: ” Why Jack Welch Is Spectacularly Stupid When It Comes To Women”
Forbes has a very well-done piece about diversity on boards and in mangement. Here's a guote: The father of the performance culture and former General Electric chairman and chief Jack Welch thinks women just aren’t working hard enough…. The article then goes on to give lots of hard data about why this conclusion just isn't justifed.Here's the article:
To Save Mankind from itself, Governance Must Catch up with Technology
(BDTI Representative Director recently wrote this piece for the Give2Asia Blog.) http://asianphilanthropy.org/?p=1955Nowadays, we are seeing a lot of corporate governance and risk management blow-ups. Many of these failures result in massive risk externalization events, in which the company causes so much damage that it goes bankrupt or otherwise can’t compensate for the huge trouble and losses it has caused.
New Paper Suggests that Effective Ethics Training is Integrated into Strategy, Stakeholder Relations
New Paper: Corporate Ethics Governance – The Role of Stakeholders in a Framework beyond Codes and Borders. Most interesting findings: 1) The findings in this study based on the foregoing combined stakeholder management theory and the theory of planned behaviour show that perceived stakeholder pressure and consciously recognised internal and external benefits have a significant […]
Jones Day – Designing an Effective Board Evaluation Process
Jones Day's useful memo on how to design an effective board evaluation process, starting with: why evaluate the board in the first place?
Deloitte – “Women in the Boardroom – A Global Perspective”
Deloitte's second extensive report about the various measures and initiatives, both legal and regulatory, to increase the number of female board members around the world.
Exceptional Boards, and Gandhi
In his second article in a series, Punit Renjen, chairman of the board of Deloitte LLP, discusses the leadership roles the chairman and board can play as strategists and risk and scenario planners to contribute to organizational excellence. One of the best lines (at the end) is about this quote from Gandhi:
”Gandhi once said: “A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history.” He could have been talking about a board’s ability to point an organization on a path of enduring good.
IFC Report – “Focus 10 – Corporate Governance and Development – An Update”
From the IFC's web site:
“I encourage all involved in corporate governance to read this Focus. It will be time well spent.”
Ira M. Millstein
Senior Partner, Weil, Gotshal & Manges LLP
Chairman Emeritus of the Forum’s Private Sector Advisory Group
“Effective Boards” – Three Short Video Interviews of Experienced Directors
Three concise and to-the-point, highly useful short videos produced by the Silicon Valley Chapter of the NACD. You can feel Silcon Valley vigor and pragmatism here.
Effective Boards (Part 1): Board Composition
Effective Boards (Part 2): Relationship with the CEO
Effective Boards (Part 3): Getting the Facts