Behind Closed Doors

‘The Boardroom: How to get in, get on and make a difference’

From his 30 years of serving on boards, Simon Laffin provides a guide on how to get appointed to a board, and what to do, and what to look out for, when you. He covers a wide range of board issues from what financial numbers to look out for, the understanding risk and cash-flow, decision-making, mergers and acquisitions, how to work with colleagues, even to how to handle sexual misdemeanours in the boardroom. He also tackles controversial subjects, such as diversity and excess regulation. The book is full of tips and techniques to help even experienced directors make a difference. Simon argues that what boards need is education and encouragement, to get a better understanding of board issues. He explains that boards do not need more invasive regulation. He wants to open the doors to the boardroom so that insiders understand better what is happening and what they need to do, and outsiders get a clearer view of what happens inside the boardroom.

Notes From A Non-Executive

Topics covered range from what to look at when you are thinking of joining a board, to handling difficult issues that arise, to what to expect if your company gets bid for.

Risks & The Boardroom

This is a plea for boards to take corporate risk registers seriously and suggests ways to enable boards to think about risks in a constructive way.

Corporate Governance

A blog on recent corporate governance changes, lesson that can be learned from failures such as Carillion and Northern Rock, and issues around the audit industry.

Economics

Articles looking at various aspects of economics

Recent Blogs

Dodgy statistics and wild claims just patronise women

Grant Thornton has just published a Report comparing the effect on corporate return on assets (ROA) of having women on an executive board across three countries (UK, US and India). It concludes that such diverse boards cause companies to perform “Materially better”....

Why you might want a pilot running your Risk Committee

Why you might want a pilot running your Risk Committee

There’s a saying in aviation: ‘Never fly in the same cockpit with someone braver than you’. Risk management for a pilot is literally a matter of life and death. Have you ever asked yourself whether you would share a boardroom table with executives braver than you are?...

Why you wouldn’t want a CEO piloting an airliner

Why you wouldn’t want a CEO piloting an airliner

The popular image of a pilot is of a dashing hero, who pulls off amazing feats of skill to save his aircraft from imminent disaster. However, in reality, what airlines value most in pilots is keeping to procedures and operating according to checklists, acting with...

Why aviation is safer than the boardroom

Why aviation is safer than the boardroom

The basic model of commercial aviation is a thin tube of highly pressurised metal being propelled at 600 miles per hour by inflammable fuel at 35,000 feet in all weathers at temperatures of -57 degrees. So have you ever wondered how aviation got to be one of the...