Category : CHAIRMAN ARTICLES

The role of the Risk Committee has become a crucial aspect of organisational governance. The Risk Committee plays a critical role in identifying, assessing, and mitigating risks that may affect an organisation’s operations and strategic goals. In this article, we will discuss the role of the Risk Committee and the role of the Chair in […]

The roles and responsibilities of an organisation’s finance committee vary depending on the organisation or company. However, some common roles and responsibilities of a finance committee may include: Works on behalf of the main board: The finance committee will monitor, evaluate and recommend to the main board on financial matters. It will not normally make […]

Reducing expenses is a decision the chairman may press for. As the chairman of the board, it is the responsibility of the chairman to ensure that the company is financially stable and sustainable in the long term. If the company is facing financial challenges or if expenses are significantly higher than revenue, the chairman may […]

The chairman and the CEO should work together closely to address declining performance in a company. Here are a few steps they can take: Acknowledge the problem: The chairman and the CEO should acknowledge that there is a problem with declining performance in the company and agree that it needs to be addressed. Identify the […]

Increasing insolvency is a serious matter that can have significant consequences for a company and its stakeholders. The chairman should take a proactive and strategic approach to address the situation. Cash is king and managing expenses and cash is a critical process. Here are a few steps that the chairman can take with the CEO […]

The chairman can use boardroom technology in several ways to improve the efficiency and effectiveness of board meetings. Here are a few examples: Conduct video conferences: The chairman can use video conferencing technology to hold virtual meetings, which can save time and reduce travel costs for board members who are unable to attend in person. […]

Michael Tait, independent chairman and non executive director, discusses the role of the board in Risk Management. The board of directors play a critical role in risk management by providing strategic guidance and oversight to the organisation and have ultimate responsibility for the repercussions of risks becoming a reality. The board is responsible for ensuring […]

The chairman of a private equity company is a key leadership position, responsible for overseeing the company’s strategy, operations, and performance. To be effective in this role, the chairman of a private equity company should possess a range of skills and experience that are essential for success. Some of the key skills that a chairman […]

There are several types of conflicts of interest that can arise in a company and the chairman and board need to be considering a Conflicts of Interests Policy. Financial conflicts: These occur when an individual or organisation has a financial interest in a decision that could affect the company. For example, a board member who […]

Chairman and CEO conflict is a very serious situation. The board should take appropriate action to address the situation and resolve the conflict. The exact course of action will depend on the nature and severity of the conflict. So too the specific circumstances involved. There are some general steps that the board might take: Investigate […]