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

D. Using the annual report for your due diligence (the Carillion example)

Carillion – a salutary reminder on due diligence

Carillion has entered the pantheon of cursed companies following its recent failure. Politicians and the media have worked themselves in another fit of righteous indignation about greedy management and incompetent boards. The search is out for people to blame, shame...

Escape from the Rock

Escape from the Rock

I gave a nervous laugh. The headhunter asked me if I would like my first non-executive director role, joining the board of Northern Rock. It was October 2007, a few weeks since the first run on a UK bank for 150 years. Struck by an uncharacteristic sense of adventure,...

What are dividends?

What are dividends?

A simple question, I’m sure you’ll reply. Everyone knows that a dividend is money paid to shareholders by a company to reward them for owning its shares. However, a non-executive director needs to know a little more than this, as dividends can prove surprisingly...