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InsightsPerspectives from The Directors College
Agile Companies Need Educated Board Members
Principal of The Directors College Dr. Michael Hartmann talks about the scandals that lead to the creation of governance education, the current socio-economic climate that is driving boardroom oversight today, and what will impact governance in the future.
The Educated Director
Governance education in Canada took root in the early 2000s in the wake of the institutionalized fraud and corruption that plagued North American corporations. Most notably, the Enron scandal, that resulted in the loss of billions in pensions and stock prices and drove the creation of new regulations and legislation to increase accountability, highlighted the need for stronger board governance.
The Ethical Director: Responsibility and Governance
When using the word ethics in a sentence, there is often an inherent sense of understanding its true meaning -- but is that the case? Surely, ethics are black and white, no more complicated than right and wrong? On the surface, that appears so. However, ethics are impermanent, they’re not cast in stone – they are a set of moral principles, relating to or affirming a form of acceptable conduct as determined by a group of people.
The ability to innovate has long been the standard for high growth businesses, but technological advances have made it possible for companies of all shapes and sizes to innovate faster and more holistically than ever before, if they choose to. In a time of rapid change, corporate boards must evolve to embrace and support innovation and agile thinking.Innovation
The Face of Governance is Changing
Diversity and inclusion have been a part of corporate human resource policies for a long time, but those policies have often failed to become part of the culture of an organization. Avoiding discriminatory practices is very different from actively building diverse workforces and leadership teams.
The New Environmental, Social, and Governance Imperative
Long-term value creation and the alignment of strategic objectives with financial objectives and overall success will need to remain the centre of the board’s agenda. In 2019, the issues that should be an integral part of corporate performance measurement are being driven by corporate social and environmental responsibilities and shareholder activism. Your board should understand the link between governance and corporate social responsibility (CS
The Evolution of Corporate Governance in Canada
Corporate scandals, executive misconduct, security breaches, investor activism, environmental and social impact management and the #MeToo movement have been dominating the news in the past few years. In times of rapid change, responsible and sustainable governance around ethics, compliance and fiduciary responsibility becomes more important than ever before.
Canada 2030. Embedding Sustainability Into Corporate Governance
Ms. Strandberg is a sustainability governance specialist, with twenty years experience as a Corporate Director. She is a Faculty Member of The Directors College, conducting the ESG Governance module for its chartered director program, and for Governance Professionals of Canada, conducting the Sustainability Governance module for its chartered governance professionals program. She is a judge for Governance Professionals of Canada for its Sustainability Governance Award.
New partnership agreement between TDC and CAS – New pricing to obtain the reciprocal designation C.Dir. – ASC.
Ten years after the first partnership agreement between The Directors College (TDC) and the Collège des administrateurs de sociétés (CAS), the two institutions have reviewed the terms of their agreement to make amendments to various items including the terms and conditions of obtaining the reciprocal designation C.Dir. – ASC and in particular, the price to obtain the designation.