A series of articles looking at practical issues and problems that arise on boards. Becoming a non-executive director What you need to know for your first NED interviewHow to choose your first NED roleHow to assess your NED Offer LetterUsing the annual report for your due diligence (the Carillion example) Learning to be a non-executive … Continue reading Notes from a non-executive director
The company was in financial difficulties, as changing market conditions had seriously exposed the misplaced strategy. There was however no suggestion that anything improper had gone on. The external auditors were high quality, and there was a competent internal audit team with appropriate risk models. Yet something didn’t feel right. Whilst the strategy had failings, … Continue reading Is management telling the whole story?