Eddie Kilkelly

Creating an effective board with the right skills

‘Creating a board with a good balance of skills is one thing; ensuring it operates effectively is quite another challenge. An effective board must have the emotional intelligence to engage well with the business to determine whether the vision is working.’

Alex Edmans

Does social responsibility improve corporate value?

‘Most studies find a positive correlation between CSR and measures of firm performance, such as profits. However, correlation doesn’t imply causation. It may not be that CSR causes a firm to perform better, but instead that firm performance causes CSR – only firms that are performing well can afford to spend money on its other stakeholders.’

Dr Stephen Page

The boardroom in the digital age

‘The ideal is a balance between innovation and risk; integrating the board’s thinking about “old” and “new”. Boards may wish to seek a mix of skills which will both agitate for change and engage with the core IT issues of legacy constraints, quality of service, data integration and cyber risk.’

Louise Redmond

Risk culture – view from the board

‘It takes time to develop a new culture which needs to be accepted by all involved. We all know that senior leaders should live and breathe the values, and all processes and policies must reinforce them. Boards will need to put more time into their oversight of key elements such as the review of individual behaviours during the performance management process – “how” I have done my job as well as “what have I done”.’

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