| Author's Name: Mark Schultz
Date: Tue 15 Dec 2015
The end of a calendar year is a good time to stop and reflect on the year that has just passed, lessons learnt, trends identified and create some consensus on what the board should focus or continue to focus on in the new year. Here is our view on this most important aspect of governance excellence.
The external business environment has continued to challenge both boards and management in 2015 and there is not much confidence that this will change during 2016. We do appear to have greater political stability and governments seem to be getting on with the job of doing what they were elected to do, so hopefully there will be less distraction and wastage at this level in the new year. From what we can control and contribute to though, here are our 3 key priorities for 2016:
This in turn means that boards and senior management will have to be diligent in their approach, commit time and effort in the undertaking of their individual and collective roles and be prepared to hold themselves and others to account for their performance. These are the foundations of governance excellence.