Category : CHAIRMAN ARTICLES

After 23 years in turnaround situations, I am offering my ultimate guide to being a transformative chairman. This will require from you a combination of exceptional leadership skills, strategic thinking, and the ability to lead and inspire others, and drive positive change whilst facing a seemingly impossible task. Turning companies around takes skill and a […]

The role of Subcommittees – a vital role in the governance of a company. Michael Tait elaborates on their significance. Subcommittees play a crucial role within organisations and institutions, serving as smaller working groups that concentrate on specific topics or areas of responsibility. Instrumental in promoting efficiency, these subcommittees also play a pivotal role in […]

Michael Tait has been a chairman for numerous years and has worked with some good and bad chairman during his years as a CEO. Michael shares this table of traits that compare good chairmen with poor ones.

What is a company chairman? Michael Tait explains: A company chairman (Chair) is the highest ranking officer in the corporate governance structure of a company. The board of directors typically select and appoint the Chair. The chair holds a leadership position in guiding and overseeing the company’s activities. These are the fundamental responsibilities of the […]

What can a chairman with private-equity experience bring to your company? Michael Tait, has 23 years private-equity experience and explains: A chairman with experience of working with private-equity backed businesses can bring several specific advantages to a company. Here are some key contributions they can make: Understanding of Investor Perspective: A chairman with experience in […]

An effective board of directors demonstrate several key qualities and practices that enable it to fulfil its responsibilities, provide strategic guidance, and contribute to the success of an organisation. Here are some factors that make a board of directors effective: Clear Roles and Responsibilities: An effective board has well-defined roles and responsibilities for both individual […]

The Role of the Board of Directors. Introduction: Role of the Board In today’s complex and rapidly changing business landscape, the role of the board of directors has become more critical than ever before. The board serves as the backbone of corporate governance, providing strategic guidance, oversight, and accountability to safeguard the interests of stakeholders […]

Corporate Governance Meaning – refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company’s stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. The goal of corporate governance is to ensure that a company is managed in […]

An Independent Chairman is a board member of a company who is not affiliated with the company’s management or shareholders. An Independent Chairman is selected by the board of directors to provide an objective perspective and ensure that the interests of all stakeholders are being considered. They are not involved in the day-to-day operations of […]

Michael Tait discusses the role of the Chairman vs CEO. A chairman and CEO are two distinct roles in a company or organisation. The chairman is typically the head of the board of directors, responsible for overseeing the board’s work, ensuring that the organisation is adhering to its strategic objectives, and providing guidance to the […]