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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
A look at how Queensland is faring in the wake of the global financial crisis.
Queensland Update
Once among the fastest growing states in Australia, Queensland, like other states, has been doing it tough since the global financial crisis started.
Last month, international credit-rating agen...
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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
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 Jun 2009
Four organisations involved in the Victorian bushfire recovery efforts discuss their experiences and the lessons learnt with
Nichola Clark
.
Out of the ashes: Lessons from the Victorian bushfires
The devastation and scale of the Victorian bushfires, for most of us, is beyond our com...
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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
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 May 2009
Jeff Kennett has left politics, but still views his directorships as public service. He chats to
Nichola Clark
about the challenges of his roles, especially as head of beyondblue and the Hawthorn Football Club.
Jeff Kennett, still in public service
You either loved him or hat...
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Content Type:
CDM Article
01 May 2009
Tony Featherstone
argues that entrepreneurs need to be taught to think about boards much earlier in their venture’s development.
Encouraging start-up governance
I recently asked a group of entrepreneurship students about their views on boards. The response: complete silence. To be fair, ...
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Content Type:
CDM Article
01 May 2009
Domini Stuart
provides 10 strategies for directors on how to survive a recession and emerge in better shape.
A director’s survival guide
1. Don’t panic
It has been a long time since the last recession and for many directors the economic downturn is a new experience.
“My advice...
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Content Type:
CDM Article
01 May 2009
Charles Beelaerts
investigates how boards can get the best out of their performance reviews – and whether the financial crisis is affecting how these are done.
Measuring your board’s performance
The need to undertake board reviews is not new. In 2003, the Australian Securities Exchange s...
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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...
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Content Type:
CDM Article
01 May 2009
Terry Peabody
has a long history of building up successful companies. He shared some of his business secrets at a recent AICD
Leaders’ Edge
lunch in Brisbane. Here is an abridged version of what he had to say.
Looking to the long term
With many businesses focused on resizing or sim...
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Content Type:
CDM Article
01 Apr 2009
A sneak preview of what’s shaping up to be a highly entertaining and thought provoking session at
Directorship: 09 – Navigating Uncharted Waters
, AICD’s national conference which takes place in Cairns from 10 to 13 of June.
Drugs, love and ethics
In their everyday live...
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Content Type:
CDM Article
01 Apr 2009
Tony Featherstone
reminds directors of small companies about the importance of communicating with shareholders.
Encouraging start-up governance
Small listed companies must work much harder to improve investor communications as the bear market drowns out better-performing companies and ki...