Tag: board members

In my previous article, I discussed that companies with access to capital will have a competitive advantage in the marketplace, even though capital is going to be harder to come by. However, while capital raising can provide a myriad of new opportunities and strong competitive advantages for your business, it is not necessarily a panacea for whatever malaise your organisation might be experiencing. It might sound like an obvious statement, but getting people to invest in your company requires a great deal of preparation – yet there are still plenty of companies that eschew the necessary groundwork.

Reforming the board’s composition proved to be essential for the turnarounds at Credit Suisse and UBS. But in both cases it took a severe crisis to provoke the reform. Will other companies learn to reform their boards before they are hit by a crisis? Or will the old maxim continue to apply: no change without a crisis? Paul Strebel proposes five requirements to encourage healthy corporate governance.

It seems to me that the biggest thing holding Australian businesses back right now is the “me too” syndrome. I do not consider the fact that there are not enough women on boards and in senior management positions to be merely a sexist thing. What I mean is that there is an ingrained corporate culture that says the leaders and directors want to hire others that are “like them”.

A privately initiated discussion has been gaining some momentum on the Anthill LinkedIn Group over the past week. The discussion was triggered by an announcement from the Office of Senator Kim Carr, Australia's Minister for Innovation, pertaining to the selection of Commercialisation Australian board members.

A privately initiated discussion has been gaining some momentum on the Anthill LinkedIn Group over the past week. The discussion was triggered by an announcement from the Office of Senator Kim Carr, Australia's Minister for Innovation, pertaining to the selection of Commercialisation Australian board members.