I’m on my way to the launch of the Wates Principles on the governance of private companies. This process was started by the UK Government in the wake of BHS chair Philip Green’s abandonment of BHS pensioners following his sale of the company having … Continue readingMaking large private companies accountable
Yesterday’s discussion about the role of the chairman led me back to work Tomorrow’s Company did five years ago. It took the form of letters from different people to a new chairman. So the finance director, the General Counsel, the CEO, the Senior Independent Director, … Continue readingWhy the mandate matters
UK Governance Reforms – Why Doesn’t Government Start By Taking Its Own Medicine? There are many ironies in the UK government’s review of corporate governance, as a new article on ft.com makes clear. It all started with the Prime Minister’s instincts that people … Continue readingUK Governance Reforms – Why Doesn’t Government Start By Taking Its Own Medicine?
In spite of all the hullabaloo about Oxfam, let’s remember first that the appalling behaviour in Chad and in Haiti does not suddenly make the organisation a bad organisation. Oxfam does wonderful work on behalf of the poorest and in the face of terrible … Continue readingDig deeper
Last night Tomorrows’ Company launched its latest report NEDs: Monitors to Partners, which analyses the changes needed in governance to enable companies to focus on creating long-term, sustainable business. Te report, written in consultation with senior UK chairs and directors, Tomorrow’s Company argues that governance has become … Continue readingBoards have become bogged down in governance and must be more future focused
This was originally published in 2002 but includes a new introduction which was written in 2008. Tomorrow’s Company In 1993 the UK’s Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) initiated an ‘Inquiry into the role of business in a … Continue readingLessons from Enron
Mark Goyder was quoted in a City AM article by Hayley Kirton which discusses the recent fallout at Mike Ashley’s Sports Direct. The article is entitled ‘Calls for better governance at Sports Direct heighten, after Mike Ashley defies the will of the company’s other shareholders’. … Continue readingTomorrow’s Company featured in City AM