The threat to the unitary board
‘Demands from Parliamentarians, regulators and the press and media to “hold board members to account”, are driving non-execs to ask much more intrusive and detailed questions at board meetings. Management, themselves under increasing public scrutiny from analysts, regulators and commentators, have become resentful about what they see as encroachment on their responsibilities, creating fuzziness about their role and distracting them from the work they are charged with doing.’
GDPR and what boards need to know
‘The GDPR will reshape the way organisations approach data privacy and data management. Any data controller that is not GDPR compliant will face a fine of €20m or four per cent of its annual turnover, whichever is greater …. This affects all organisations which hold any data on any European clients/consumers/members. The risks are huge for those who do not comply and board directors will be personally liable for any breaches of the GDPR.’