At Grounded Governance, we understand the complexities of strategy development and have devised a unique 5-step process, aptly named Strategy Simplified. Here’s a deep dive into that process.
With the February announcements that Fletchers CEO and Chair are both leaving the business, we’ve had reason to think hard about their board’s role in the results, and likely future.
We’ve pulled the news announcements apart, trying to understand more about what happened, and how this might have lessons for others in governance roles.
Grounded Governances explores the strength in community and fostering connections for women in governance this International Women’s Day
It’s a challenge for all boards. They are functioning well and then a member announces retirement, or their term is ending. Perhaps a board member is becoming bored and losing focus. Even a board that is functioning well will need to plan for changing board members. How do you ensure a healthy transition of board members?
Board responsibility for managing risk has been widely discussed recently, particularly managing financial risk. Business owners, directors and CEOs also have an obligation to exercise due diligence to ensure their organisation meets its health and safety obligations. What are the lessons learned from Whakaari-White Island?
Governing any organisation can be challenging. This is often made worse by a lack of clarity or alignment about “the why”. Or to phrase it another way – what is the purpose that underpins the organisation, its activities and its contribution to our community?
While leadership is often attributed to a person’s title, seniority or ranking in a hierarchy, what makes a true leader is not about position or title in an organisation. It is about action.
In September 2023, the Reserve Bank of NZ Te Pūtea Matua and the Financial Markets Authority released a report on governance of financial services organisations. It’s a great read and gives strong guidance to boards across many sectors. It’s a fascinating read and packs a