Governance Institute blog

Don’t miss our short and sharp National Conference featuring the ‘who’s who’ in the profession

Posted by Meegan George, Chief Commercial Officer, Governance Institute of Australia on 07/09/2017

In an era of disruption, global uncertainty and fast-paced innovation, boards as well as governance and risk professionals run the risk of becoming irrelevant at a time when they are needed most. Globalisation competition and digitisation are disrupting the marketplace and boards must adapt to these challenges or risk being left behind. Never before have sound governance and risk practices been more critical.

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Why risk management professionals ‘must attend’ this one day forum

Posted by Meegan George, Chief Commercial Officer, Governance Institute on 16/08/2017

As recent events have clearly demonstrated, identifying and managing potential risks is a critical issue for every organisation in today’s inter-connected world.  It must be at the top of the agenda for boards, executives and risk professionals. This makes Governance Institute of Australia’s National Risk Management Forum 2017 on Friday, 15 September, at the Hilton Sydney a ‘must attend’ event for anyone looking to future proof and advance their career.

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The hybrid AGM — Engagement with shareholders

Posted by Judith Fox, CEO, Australian Shareholders’ Association on 03/08/2017

As we know, the AGM is a key aspect of the governance framework, yet listed companies are struggling to attract shareholder participation. In 2016 only 0.16 per cent of shareholders attended company meetings.

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Directors and proxy advisers need a robust and respectful relationship

Posted by Alberto Colla, Partner MinterEllison on 27/07/2017

While proxy advisers are not new kids on the block, their influence in the Australian boardroom is becoming more profound. Specialising in researching and analysing proposals being put forward for a vote by shareholders, proxy advisers should — first and foremost — be guided and committed to the longstanding principles of good corporate governance.  

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Five thoughts on catastrophic uncertainty

Posted by Mark Humphreys, Partner, Riskwest on 17/07/2017

In a previous role in the UK, I worked with an insurance company and was assigned to a client that processed poultry. They were a global player with factories in multiple jurisdictions, and lots of supply chain risk exposure. I distinctly remember the day I asked them about their approach to crisis management, and their representative (a senior executive) pointed towards the cones and first aid kit in the back of the Range Rover. 

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The danger of runaway leadership

Posted by Lord Owen, House of Lords of the United Kingdom and former British Foreign Secretary 1977–79 on 07/07/2017

Hubristic individuals are a threat to governance in all organisations. For all the money and time business spends on risk management, building complex models and using quantitative statistical methods, it needs to devote at least as much money and effort to biological, chemical and human resources research on personality and behaviour.

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