Accurate, complete and timely information is the oxygen of effective boards. Without it, directors cannot ask informed questions of senior management, mitigate risks or make good decisions. Non-executive directors, in particular, must insist on receiving quality information before a board meeting so that they can discuss issues. Internal and external information on market conditions, competitors, […]

Directors need to understand and approach cybersecurity as an enterprise-wide risk management issue, not just an IT issue. Directors should understand the legal implications of cyber risks as they relate to their company’s specific circumstances. Boards should have adequate access to cybersecurity expertise, and discussions about cyber-risk management should be given regular time on board […]

Besides immediate concerns over employees’ health, the primary priority of businesses during the fierce downturn is continuity. For many companies, managing for cash will replace managing for profit. Boards need to decide on two important issues. The first pertains to resources. How much built-up financial resources that would have gone into investment, innovation and strengthening […]