Making Your Board a Strategic Asset

Board awareness???

Here we go again!! Once again, lack of financial awareness manifests itself at board level. Paul (Reverend) Flowers, former Chairman of the Co-op Bank, admitted to MPs this week that he thought the Co-op’s total assets were about £3 billion; they were actually...

Do you understand why your business is successful?

Lack of Clarity on the Reasons for Success Great CEOs hold their associates accountable for knowing what causes results. CEOs focus on what to do and let associates take care of the ‘how’, expecting them to understand the activities that lead to success. The...

Clear vision the military way

Absence of a Clear Vision And How Do The Military Overcome This? Successful CEOs lead the organisation to where it needs to be and find ways to get buy-in at all levels. This is hard. After all, if it were easy all organisations would do it well. If you were to ask an...

Balance Sheets’ Unbalanced Views.

Balance Sheets’ Unbalanced Views A Balance Sheet is often referred to as a snapshot and with good reason. It looks at a business on one day of the year and as such can be quite misleading. Do you ever ask yourself why that company has chosen that year-end? Most...

A shareholder’s wisdom…

A very wise statement from Josh Shores, then the biggest overseas shareholder of Olympus, to the Board as the enormity of their scandal was unravelling: “Ignorance is no defence. If you were there and not aware of it, then you were incompetent. If you were there...

What to expect in 2013?

What to expect in 2013? It is that time of the year again when economic forecasters and other technical soothsayers ponder ahead as to what may happen in the next calendar year. The actual year itself, because of the number 13, might frighten the superstitious (a word...

Perfect for the job???

Reputation Management a la News Corp… From the excellent GMI Ratings, a US based Corporate Governance ratings consultancy, comes news of News Corp’s latest Director appointment, one Alvaro Uribe, Columbia’s former President. His administration was bedeviled with...

Expect the Unexpected

The Sunday Telegraph in its ‘Business Reporter’ supplement recently published an interesting article by Tom Nash which included comments from our own Jean Pousson. To read this excellent article see Page 13 at the following link...

Director’s Financial MOT; would you pass?

Please have a look at the following questions and answer with a simple “True” or “False” 1.     The cash figure in the balance sheet is a very good determinant of liquidity. 2.     Return on Equity (ROE) is the best measurement of how a business utilises its capital....