Matt Chapman

Strategic Reports: room for improvement

‘The FRC published its Guidance on the Strategic Report in 2014. Given the ambition of the Guidance, it’s understandable that practice is still evolving to meet it. It takes time for companies to develop performance measures that can be reported externally. Those that don’t may find their investors are asking whether their strategic priorities really are embedded in the business.’

Oliver Ziehn

The board’s role in determining culture

‘There was broad agreement on the importance of culture and the increasing and deliberate board emphasis placed upon it. But what was striking to us was the breadth of opinion and practice reflected in the views of our respondents, suggesting that there is still some way to go before the Board’s role in this area is fully established.’