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This section includes articles published in Company Director magazine. 

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  • 01 Mar 2015

    Agenda

    A round-up of recent governance news.In conversation Company Director asked Rebecca Davies FAICD, president of the Heart Foundation (NSW), for her advice on transitioning from an executive to a non-executive career. Davies, a former lawyer is also on the boards of LCM Healthcare, cancer treatment centre Chri...

    Content Type: CDM Article

  • 01 Mar 2015

    Q and A with John Brogden

    The new managing director and chief executive officer of the Australian Institute of Company Directors shares his thoughts on governance and the direction in which he will take the organisation. Company Director (CD): You have had a distinguished and varied career ranging from the youngest person to lead a pol...

    Content Type: CDM Article

  • 01 Mar 2015

    Improving financial reporting

    John Price explains how companies can provide more meaningful and higher quality information to stakeholders. The Australian Securities and Investments Commission (ASIC) has announced its focus for 31 December 2014 financial reports of listed and public interest entities, as well as findings from its reviews o...

    Content Type: CDM Article

  • 01 Mar 2015

    Safeguarding security

    The growing threat of terrorist attacks domestically and globally means boards must look to protect their businesses and staff, writes Kath Walters. Our first reaction to the tragic attack on the Lindt café in Martin Place, Sydney, last December is to mourn the human loss and suffering. And rightly so. ...

    Content Type: CDM Article

  • 01 Mar 2015

    Gaining competitive edge

    Professor Ian Harper explains why competition policy reform is critical to position Australia to take full advantage of the opportunities arising in rapidly changing markets. In September 2014, the Competition Policy Review Panel released its draft report into competition policy in Australia. The Abbott Govern...

    Content Type: CDM Article

  • 01 Mar 2015

    Smart planning

    An organisation’s intellectual property is often its most valuable asset. Domini Stuart explains why adopting an effective strategy is crucial to safeguard against unknown threats. When manufacturers developed hard-copy plans and made their products in local factories, there were very few ways for unauth...

    Content Type: CDM Article

  • 01 Mar 2015

    Pathways to directorship

    It is a long journey to a full-time portfolio of directorships, so knowing when to start planning a governance career is critical, writes Tony Featherstone. Some executives decide on a career in directorship after their job ends abruptly. A change of ownership, missed promotion or role change make them think ...

    Content Type: CDM Article

  • 01 Mar 2015

    Lindsay Maxsted

    The Westpac chairman talks to Tony Featherstone about appointing a new chief executive officer and lessons in succession planning. Brian Hartzer’s appointment in November 2015 as incoming Westpac Banking Corporation chief executive officer (CEO), to succeed Gail Kelly, was business as usual for a market...

    Content Type: CDM Article

  • 01 Mar 2015

    Remunerating directors

    Should not-for-profit enterprises pay fees to board members?  Three industry leaders share their views. Linda Lavarch Former Chairman of the Not-for-profit sector reform council and a former Attorney General of Queensland Generally speaking I have no problem with not-for-profit (NFP) non-executive direct...

    Content Type: CDM Article

  • 01 Mar 2015

    A good connection

    A strong relationship between the chairman and its chief executive officer was the thread that helped the Silver Chain Group flourish, writes Tony Featherstone. Silver Chain Group, a textbook example of a merger in the not-for-profit (NFP) sector, reinforces a powerful governance truth: the chairman/chief exec...

    Content Type: CDM Article

  • 01 Mar 2015

    Championing thought leadership

    This month’s highlights from the Australian Institute of Company Directors’ Centre for Governance Excellence and Innovation – a resource centre for key governance issues. How strategic is your board? The role of corporate boards in strategy development, as distinct from strategy approval, ...

    Content Type: CDM Article

  • 01 Mar 2015

    Exposing political and union rhetoric

    Phil Ruthven considers the role of government in business and explains why Australia must work harder to increase profitability and productivity. One of the founding fathers of post-independence US government believed running a government was something that should be done after a normal day’s work. It w...

    Content Type: CDM Article

  • 01 Mar 2015

    Examining criminal sanctions

    Professor Bob Baxt explains why the case for increased penalties under the Corporations Act continues to grow stronger. As a result of two unconnected events, one arising out of the decision of Justice Murphy in the federal court of Australia in the case of ASIC v Australian Property Custodian Holdings Ltd (Re...

    Content Type: CDM Article

  • 01 Mar 2015

    Navigating the minefield

    The end of the resources boom means directors of unstable mining businesses face a difficult future. Alexandra Cain explains what the downturn means for boards. The figures are in and there is no doubt we are in the midst of a mining downturn. Australian Bureau of Statistics’ figures show that in the Sep...

    Content Type: CDM Article

  • 01 Mar 2015

    Policy update

    Our advocacy team's key projects.Public sector audits The NSW Government has released a consultation draft of its Internal audit and risk management policy for the NSW public sector. Critical to the Government’s proposal is a requirement that audit and risk committees be wholly independent. While the...

    Content Type: CDM Article

  • 01 Mar 2015

    Back from the dead

    Small business sales are on the up and directors with an eye on an exit would do well to act on this opportunity before it’s too late, writes Alexandra Cain.  In the aftermath of the global financial crisis (GFC) business owners were practically giving away their companies, so tough was the market ...

    Content Type: CDM Article

  • 01 Mar 2015

    Changing tides

    Professor Paul Kerin considers the future of Australian public companies and the forces likely to alter the make-up of the listed sector. Last year marked the 25th anniversary of one of the most important business articles ever written: Eclipse of the public corporation by Harvard Business School’s Michael...

    Content Type: CDM Article

  • 01 Mar 2015

    Spotlight on innovation

    Funding constraints and changing government policy are causing concern in the not-for-profit sector, but also the opportunity to innovate, writes Angela Faherty. The not-for-profit (NFP) sector is an essential part of the Australian economy and society, but there is no doubting the sector is undergoing signifi...

    Content Type: CDM Article

  • 01 Mar 2015

    Educating boards

    Domini Stuart examines the latest trends in school governance and discovers that globalisation and the search for diversity of skills are dominating boardroom discussions.  When Glen McCracken FAICD joined the board of trustees of Toowoomba Grammar School, his tasks included checking every payment made b...

    Content Type: CDM Article

  • 01 Mar 2015

    Preparing for the unexpected

    Risk mitigation and crisis management strategies have never been more important for Australian business. Matthew Sainsbury explains why continuity planning is fast becoming a critical skill for boards. In 2014, businesses were given sharp reminders that in today’s connected world, technology risk is some...

    Content Type: CDM Article