Governance survey 2011 Behind the headlines NHF Company Secretaries’ Conference 28 June 2011
Arun Misra Managing Director, Boardview
What do we do? We work to: • improve governance • research and promote boardroom issues
Session objectives • 2011 survey - look behind the headlines • Debate issues for creating great boards • 2012 survey - get your ideas
The headlines & quotes ‘New research reveals housing’s boardrooms are divided, as executives and their boards fail to see eye to eye’
‘First, let’s get things in perspective. Not everyone is clashing over the boardroom table.’
The headlines & quotes ‘Particularly worrying is the fundamental nature of the areas of disagreement.’
‘It’s all about developing the team as a unit.’
The headlines & quotes ‘In contrast to the private sector....
‘What would the regulator think?....
Headline results -1 • • • • •
Satisfaction with the board - 82% Satisfaction with commitment to diversity-78% Satisfaction with leadership and direction -73% Decision making not dominated -73% (all) Effective governance structures - 63% (all)
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Headline results -2 • • • • •
Preparedness for the future: 61% Skills and effectiveness: 59% Team working: 56% Contribution and satisfaction: strongly co-releated Organisation size: lower satisfaction in larger organisation
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There is desire for improvements Where do we go from here?
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Board model - 1
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Board model -2 External world
Internal world
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Good boards • • • •
Clear role and function Skilled and diverse Effective Chairs Non-executive ‘mindset’
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Current issues • • • •
Board member turnover and renewal Training and development Contribution and satisfaction Change and strategy
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Where to start ? • • • • • •
Conduct thorough appraisals Align the board model to needs and plans Build on board strengths Look at differences Recruit people with motivation and mindset Create a board development plan
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Take a test How would your board deal with a major problem?
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2012 Governance survey What are the big issues for your boards?
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Summary • • • •
Helpful insights Create good boards Make suggestions Do the survey
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Thank you
Thank you
[email protected] www.boardviewltd.co.uk
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