Prepared boards recognise that radical measures can arouse strong emotions. They identify and monitor supporters, opponents and potential allies.
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Directors face multiple challenges, imperatives, and stakeholder requirements. These can arise from internal business model and strategy drivers and/or external developments in the legal, regulatory, and geopolitical contexts in which companies operate.
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Being a director can involve tough decisions. Critical choices are increasingly stark and difficult to resolve. Some board members may have concerns about the positions taken by others. Such differences and how to proceed or...
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The international economy, like the world order, is changing as new fault lines emerge and different practices and strategies evolve. There are fundamental differences in the responses of companies as well as Governments to...
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Expectations of boards, the challenges, pressures and opportunities they face, and the environments, situations and contexts in which they operate are changing. The approaches and strategies boards adopt, the strategic direction...
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Directors and boards vary in their interpretation of ESG aspirations, requirements and considerations, the priority they attach to them, and in their assessments of their importance to investors and other stakeholders. Some take...
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In significant jurisdictions, legislators are considering how best to regulate the development and use of artificial intelligence (AI) applications to enable their benefits to be realised, while also addressing their potential...
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Board members have collective responsibility for ensuring that effective and regularly reviewed responsibilities, capabilities and actions are in place for identifying, assessing, addressing and mitigating risks to a company’s...
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Directors, Boards and businesses generally usually need to be resilient in order to cope and remain relevant as developments occur and events unfold, for the next generation of board members, resilience should be an expectation...
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Different stakeholders can have varying views and expectations of business in general, markets and the capitalist system, and also of individual companies and their boards. Views of some enterprises may also differ from those of...
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Director-General of IOD India for UK and Europe operations
Prof. (Dr) Colin Coulson-Thomas, President of the Institute of Management Services and Director-General of IOD India for UK and Europe operations. He has advised directors and boards in over 40 countries.
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