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An Overview of Contemporary Threats and Governance Requirements
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Becoming a director requires more than a brief induction programme and learning about directors' duties and responsibilities. While important, a focus on legal requirements
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Directors and boards should work for the long-terms success of the companies for which they are responsible, but their views of what might constitute success may reflect their perspectives.
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Public bodies are often constituted to respond to the symptoms of crystalised risks and existential threats and/or deal with emergencies rather than address their root causes
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The global mean temperature for the twelve months from February 2023 to January 2024 was the highest on record. At 1.52°C above the 1850–1900 pre-industrial average
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Greenhouse gases and global temperatures continue to increase. As and when the remaining tipping points are reached, global warming may become unstoppable.
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Boards need to anticipate and innovate, confront vulnerabilities and possibilities, and act to initiate, enable, and support the required transition and transformation journeys.
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Prepared boards recognise that radical measures can arouse strong emotions. They identify and monitor supporters, opponents and potential allies.
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Directors face multiple challenges, imperatives, and stakeholder requirements. These can arise from internal business model and strategy drivers and/or external developments in the legal, regulatory, and geopolitical contexts in which companies operate.
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Being a director can involve tough decisions. Critical choices are increasingly stark and difficult to resolve. Some board members may have concerns about the positions taken by others. Such differences and how to proceed or...
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Director-General of IOD India for UK and Europe operations
Prof. (Dr) Colin Coulson-Thomas, President of the Institute of Management Services and Director-General of IOD India for UK and Europe operations. He has advised directors and boards in over 40 countries.
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