Helen Pitcher

The board’s strategic succession imperative

‘... succession needs a 20-year horizon not the limited three- to five-year horizon that spans a typical CEO’s tenure. Interestingly, organisations that have focused in depth on such matters have had long-standing CEO’s, stellar performance and a clear and deeper focus on their talent, providing both formal development, stretch assignments and exposure to the board.’

Lawrence Reed

Materiality – a new era of transparency and scrutiny

‘Crucially the new audit report disclosure means that investors and all other stakeholders will be able to make comparisons with levels at other similar companies in similar sectors. If it proves that levels which might be expected to be similar vary significantly then it should raise questions and prompt audit committees to seek justifications.’