At this lunchtime briefing Neville Bain, national Chairman of the Institute of Directors, and Sir Bruce Robinson KCB, Permanent Secretary at the Office of the First Minister and the Deputy First Minister (OFMDFM) discussed the quality of corporate governance in the private and public sectors of the economy.
With turmoil in the financial sector and, more generally, both private and public sector organisations experiencing difficulties in recent years, corporate governance is now very much to the fore. Dr Bain and Sir Bruce reflected on what good corporate governance looks like and what, in this modern age of increasing regulation and oversight, are the implications for organisations that get it wrong? With the role of independent board members/non-executive directors having become critical and, again, subject to a great deal more scrutiny, the two speakers and members of the audience discussed the things companies and public authorities need to get right.
Neville Bain's book, The Effective Board: Building Individual and Board Success, co-authored with Roger Barker and published by the IoD is available from Amazon. The Effective Board offers best practice advice for directors on how to be successful as individuals while also ensuring board success as a whole, covering essential topics such as governance, leadership, values and ethics.
This event was organised in partnership with the Institute of Directors in Northern Ireland.
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