Thoughtpost Governance

The Mindful Board – Part 3: Creating Competitive Advantage

Andrew Donovan — Wed, 17 Aug 2016 22:46:48 +0000

In my last blog I outlined some desired changes to the corporate structure, and to our current governance models. I see these as helping to foster a more “directorprenuerial” mindset, but more importantly, they can help generate more value creation. In this final blog of the series, I’d like to demonstrate ways in which boards… Read More»

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The Mindful Board – Part 2: Restructuring the Model

Andrew Donovan — Tue, 19 Jul 2016 02:34:30 +0000

In the first blog in this three part series, I introduced the concept of the mindful board. And while we can each take responsibility for developing and enhancing our own presence of mind, and that of the boards we serve, I also recognise that there needs to be structural changes to facilitate and underpin this… Read More»

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The Mindful Board – Part 1: Why now?

Andrew Donovan — Mon, 04 Jul 2016 02:36:56 +0000

After two decades working with and on boards, I have come to the conclusion that boards are not fit for purpose in this age of complexity and disruption. We have everything from increasing global competition to climate change and security threats. We have a tsunami of generational transition occurring. We have digital disruption to business… Read More»

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Do Not Proceed Beyond This Point

Andrew Donovan — Mon, 28 Mar 2016 10:05:48 +0000

Let’s think a moment about what is required of a good company director in terms of mindset, effort, skill and risk. Yes, we agree that past experience is the greatest of teachers, but in a curriculum of many subjects it is only one teacher. Having taken the time to acquire the basic credentials is another.… Read More»

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Board Diversity

Andrew Donovan — Thu, 03 Sep 2015 10:23:46 +0000

This month our guest blog is a summary of a presentation by Peter Lamell, known to many in the Directors Suite circle of influence. “Boards must be facilitated, enabled and cajoled into embracing diversity so that companies are expected to perform on diversity in the same way as they are now expected to deliver on safety”… Read More»

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Founders Flu

Andrew Donovan — Wed, 18 Mar 2015 23:48:25 +0000

The recent Federal Government intergenerational report calls for productivity improvements as a significant part of the solution to the alarming (but expected) cost of an ageing population. Australia’s successful entrepreneurs, while having already made their own contribution to productivity in the early stages of their businesses growth, may paradoxically become productivity road-blocks in the later… Read More»

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Australia 3.0 – Beyond the Mining Boom

Andrew Donovan — Fri, 19 Dec 2014 03:35:16 +0000

The following guest article is courtesy of Rory Manchee from Content in Context. Rory’s Content in Context blog provides a personal look at the world of publishing, information, digital content, on-line products, business models, strategy, apps and collaboration in the knowledge industries…. It also takes a broader perspective on issues of culture, governance and leadership. In the wake… Read More»

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The Digital Director

Andrew Donovan — Thu, 31 Jul 2014 07:02:26 +0000

Russell Yardley, a leader in IT Governance, suggests the current digital age is being driven by four forces: IT as utility (e.g. cloud computing), location based services, big analytics and collaboration. How digitally minded are we as directors? Are our boards stress testing the impact of these forces on our (for profit and for purpose)… Read More»

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Boards for Hire

Andrew Donovan — Fri, 02 May 2014 00:48:15 +0000

By the end of the decade, board-for-hire will be a common governance model, principally in the private company space. In a recent paper, Stephen M. Bainbridge and M. Todd Henderson from the University of Chicago Law School argue that the current sole director faces a number of challenges. Firstly, they are time constrained. Many directors… Read More»

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Boards Who Add Value

Andrew Donovan — Tue, 08 Oct 2013 02:00:25 +0000

Do you have a Board Plan? Not a calendar or an action register, but a plan that sets out the outcome measures for the board for the coming year? If not, your board could find itself under-performing against your peers who have embraced the need for a Board Plan and who appreciate how it can… Read More»

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