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Hallelujah

Many shareholders of Nuplex Industries Limited and the fallen Lombard Finance and Investment Limited may have yelled ‘Hallelujah’ late last month even though their bank balances had either suffered or could suffer from the action of a few of the companies... View post


Who will guard the guards?

Who is watching over boards as boards watch over their management? Of course in theory boards are accountable to the shareholders/stakeholders but how can these interested parties gain assurance that board members are doing a good job?... View post


Effectiveness is not easy to achieve

Boards and Trusts can quickly find themselves working to a set pattern: reviewing past minutes, considering papers put forward from management and overseeing organisational performance. Such routine performance suggests that more attention could be direct... View post


Collective or Super Governance

The emergence of initiatives such as the Integrated Family Health Centre and the new Auckland Governance structure have the potential to achieve efficiencies within the organisations as well as to bring improved services to the constituents they serve. Th... View post


Transparency – the Cinderella of governance

Accountability, transparency and independence are the three key cornerstones of sound governance. Acting for shareholder or owners, considering stakeholders as well as the various matters relating to financial transactions fall under the principle of acco... View post


360 organisational vision in the Boardroom

The alleged fraud of $600,000 from the IHC fundraising activities, as reported in the Sunday Star Times January 10, 2010, emits a strong signal to board directors and trustees. As directors and trustees turn their attention more and more on the strategic... View post


Never have so few done so much damage to so many

You know what it's like catching up with friends over Christmas and sharing thoughts about the world around us. Just last week as five of us enjoyed each others' company 'the plight of the shareholders' emerged yet again. Clearly the scars from this rece... View post