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Content Type:
CDM Article
01 Dec 2009
Five directors predict how the role of non-executive directors will change in the next decade.
NEDs of 2020
Catherine Harris AO PSM FAICD
Chairman of Harris Farm Markets. Director of the Museum of Contemporary Art, Australian Japan Foundation, National Gallery of Australia and the Australian S...
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Content Type:
Media Release
24 Nov 2009
The Australian Institute of Company Directors (AICD) advocates diversity on boards and believes companies should adopt an open approach that aims to select the best possible directors from a diverse range of candidates.Directors should be chosen from a broadly-based candidate pool, possessing approp...
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Content Type:
CDM Article
01 Nov 2009
Domini Stuart
discusses how the board can help a company reshape itself in good or bad times.
Redrawing the lines
In tough times, boards should:
Be proactive
Bring in advisers sooner rather than later
Talk to management regularly
Demand frequent finan...
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Content Type:
CDM Article
01 Nov 2009
A peek at some of the issues directors need to consider as we edge into an increasingly carbon-constrained business world.
Climate change update
Corporate Australia has passed a key first hurdle with flying colours as it enters a new carbon constrained world.
The Department of Climate Change’s...
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Content Type:
CDM Article
01 Nov 2009
Director turnover is at its lowest in several years.
Tony Featherstone
provides some reasons for this and explains why this situation will soon change.
The low down on director turnover
After such a tumultuous two years, board turnover should be rising sharply. It is not. New dir...
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Content Type:
CDM Article
01 Oct 2009
John M Green
suggests boards ditch the old short-termist penny-farthing corporate model.
Penny-farthing companies
Just as cyclist Lance Armstrong owes the industrial revolution for the penny-farthing, investors should thank it for the freely registrable limited liability corporation.
Sin...
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Content Type:
CDM Article
01 Oct 2009
The science is still in its infancy, but as
Domini Stuart
reports, having high emotional intelligence or EQ could make you a better director.
What’s your EQ?
Key points
Emotional intelligence:
Is still in its infancy as a science
Is about the intelligent use of emotions
Helps di...
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Content Type:
Media Release
11 Aug 2009
Eight directors of charitable organisations from across Australia will receive scholarships to attend director and board development programs, the Australian Institute of Company Directors (AICD) and Australian Scholarships Foundation (ASF) announced today. The training programs awarded to the eight...
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Content Type:
CDM Article
01 Aug 2009
Letters to the editor
I read Tony Featherstone’s article on ‘Unseating the founder’ (Company Director, June 2009) with great interest. As with any good article, the title was provocative and the content worthy of reflection. Here are a couple of probing questions that add to those raised in the art...
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Content Type:
CDM Article
01 Jul 2009
Tony Featherstone argues that organisations should not forget values and culture when making tough decisions in a harsh economic environment.
Upholding values and culture
A friend was recently made redundant due to corporate downsizing. By his own admission, he was no star, but hardworking and...
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Content Type:
Media Release
24 Jun 2009
The Federal Government’s moves to restrict executive termination payments go too far and will impact on the ability of Australian companies to recruit top quality executives, the Australian Institute of Company Directors (AICD) said today.While welcoming some improvements made to the original draft ...
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Content Type:
Policy Submission
12 Jun 2009
AICD welcomes the opportunity to participate in the National Human Rights Consultation. The protection and promotion of human rights is a question of national importance for all Australians. We have focussed our comments on those matters relating to directors including the personal liability of dire...
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Content Type:
Policy Submission
02 Jun 2009
PPFs are a form of ancillary trust fund designed to encourage private philanthropy by providing private groups, such as businesses, families and individuals with greater flexibility to start their own trust funds for philanthropic purposes. AICD is concerned that provisions in the Exposure Draft wil...
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Content Type:
CDM Article
01 Jun 2009
Tony Featherstone
discusses how smaller companies can build up their arsenal, draw up their war plans and harness their troops to take on the downturn.
Plotting your moves
In downturns, smaller companies should:
Review the battle grounds carefully
Update their combat strategies
Anticipa...
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Content Type:
CDM Article
01 Jun 2009
Tony Featherstone
investigates why the founders of some family owned companies resist forming a board, and the benefits they may be missing out on.
Opening the family board to NEDs
Key points
A family company board poses unique challenges
Founders struggle w...
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Content Type:
CDM Article
01 Jun 2009
Allan Feinberg
reviews the factors to consider, and the complexities encountered, when setting non-executive director fees.
Factors to consider when setting NED pay
Setting fair fees for non-executive directors (NEDs) is a challenge and because these fees are often published and open to pub...
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Content Type:
CDM Article
01 Jun 2009
Tony Featherstone
ponders what the board should do if the founder is no longer the right person to run a venture in a changing operating environment.
Unseating the founder
Directors of fast-growth small companies face a significant challenge: some must decide whether the entrepren...
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Content Type:
CDM Article
01 Jun 2009
News & Views
The importance of timely disclosure
Timely disclosure of changes to directors’ interests is vital to good corporate governance and helps maintain investor confidence in market integrity, notes Eric Mayne, chief supervision officer of the Australian Securities Exchange (ASX).
“Dire...
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Content Type:
CDM Article
01 Jun 2009
Domini Stuart
offers some advice about joining or setting up an advisory board.
The pros and cons of advisory boards
The pros of joining an advisory board
A learning opportunity
A way of making a contribution
A useful first step to becoming a director
A way of easing out of being a dire...
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Content Type:
CDM Article
01 May 2009
There is no escaping the new carbon economy.
Giles Parkinson
provides an update on the climate change homework directors need to do to avoid any surprises.
Gearing up for the carbon economy
There is no doubt that the carbon economy is upon us. Even with the uncertainty surroundin...