Boardroom INSIDER for… APRIL
GOOD BOARD INFO FLOW = GOOD GOVERNANCE
We tend to think of corporate boards of directors as wise solons in their boardroom Olympus, pooling their great knowledge to make fiduciary decisions. In fact, as the April issue of online governance monthly Boardroom INSIDER notes, when it comes to info, the boardroom is an ultimate GIGO (garbage in, garbage out) environment.
“Board info and communications are crucial because corporate governance is less of an institution than it is a process,” writes BI editor and business speaker Ralph Ward. Boards (and even more, their committees that oversee audit, executive pay and risk) must have a constant flow of updated, usable, and reliable information. Well-presented and well-summarized input is critical to battle the paralyzing “information bloat” facing global boards today.
But Ward cautions that sound board info output is just as crucial, but often overlooked. From “tone at the top” messaging, to compensation decisions, to social issues, boards are now “in a public and investor spotlight to explain themselves.”
Also in Boardroom INSIDER for April…
What info must your board audit committee see now?
How can your board defend its exec pay policies?
Q&A: Board search – how to dig out hidden company intel?
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RALPH WARD…
…is an internationally-recognized writer and commentator on the role of boards of directors, the secrets of how benchmark boards excel, gaining a board seat, and the future of governance worldwide.
Ward is the publisher of the online email newsletter Boardroom INSIDER, the worldwide source for practical, first-hand advice on better boards and directors ( www.boardroominsider.com).
He is author of the books Board Seeker: Your Guidebook and Career Map into the Corporate Boardroom (2018), Boardroom Q&A (2011), The New Boardroom Leaders (2008), Saving the Corporate Board (2003), Improving Corporate Boards: The Boardroom INSIDER Guidebook (2000), and 21st Century Corporate Board (1997).
Ward is a CPD-certified trainer, and speaks internationally on board and governance topics, and presents a “Boardroom Masterclass” seminar worldwide, with recent programs in the Middle East, Asia and Africa. His media appearances including CNNfn, C-SPAN, Voice of America, Bloomberg Money Show, National Public Radio, Marketplace, and CNBC (U.S. and U.K.).
Ward has also edited The Corporate Board magazine, the international journal of corporate governance, since 1990. He writes and comments on boardroom matters for a number of other publications, including The New York Times, The Wall Street Journal, USA Today, Across the Board, Crains, Vital Speeches, the Detroit Free Press, Barrons and INC.com., and serves on several advisory and non-profit boards.