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Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA)

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Showing posts with label 2017 at 07:37AM. Show all posts
Showing posts with label 2017 at 07:37AM. Show all posts

Wednesday, June 14, 2017

Amal Awad: ‘Arab women have traditionally been written about in a very patronising way’

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In our series Beauty and the books, we chat to those who love both books and beauty products. Here the author talks about her enduring love of kohl eyeliner, Marian Keyes’s novel Watermelon and speaking up for Arab women

With insight into both the western and Arabic worlds, the author Amal Awad explores how these cultures intersect and what it means for women like her. She interviewed more than 60 women in Australia and the Middle East about feminism, religion, love, culture and more for her latest book, Beyond Veiled Cliches: The Real Lives of Arab Women ($35, Penguin). And while kohl eyeliner may not have been top of her list of questions, it’s still something she wonders about.

Continue reading…

June 14, 2017 at 06:56AM

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from Interview by Bridie Jabour

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Tuesday, June 13, 2017

Andrea Marie Henry retweeted: Good corporate governance is about ‘intellectual honesty’, and not just sticking to rules and regulations.| M. King | #CorpGov #CorpEthics

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Greg Christie
@Greg0706

Andrea Marie Henry retweeted:

Good corporate governance is about ‘intellectual honesty’, and not just sticking to rules and regulations.| M. King | #CorpGov #CorpEthics

June 13, 2017 at 07:32AM

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from Andrea Marie Henry


James Saft retweeted: SAFT ON WEALTH-The corporate governance flaw at heart of investment management, via @jamessaft reut.rs/2sg329a @ReutersUK #CorpGov

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Tim Facer
@TTFacer

James Saft retweeted:

SAFT ON WEALTH-The corporate governance flaw at heart of investment management, via @jamessaft reut.rs/2sg329a @ReutersUK #CorpGov

June 13, 2017 at 07:32AM

https://twitter.com/jamessaft/status/874454172434870274

from James Saft


Daniel Espinoza retweeted: 8 problem statements #regtech is poised to solve. #pwc #hackathon {#fintech #insurtech #corpgov} @PwCCollider @MikeQuindazzi

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Caroline Higgins
@Info_Data_Mgmt

Daniel Espinoza retweeted:

8 problem statements #regtech is poised to solve. #pwc #hackathon {#fintech #insurtech #corpgov} @PwCCollider @MikeQuindazzi

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June 13, 2017 at 07:32AM

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from Daniel Espinoza


The Myth Of The “Passive Indexing” Revolution | RIA

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From Lance Roberts at RIA:

While the idea of passive indexing works while all prices are rising, the reverse is also true. The problem is that once prices begin to fall the previously “passive indexer” becomes an “active panic seller.” With the flood of money into “passive index” and “yield funds,” the tables are once again set for a dramatic and damaging ending.

Source: The Myth Of The “Passive Indexing” Revolution | RIA

June 13, 2017 at 07:29AM

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from ColinTwiggs

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Thursday, June 8, 2017

Former market bull says charts are flashing a warning for stocks

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Former market bull says charts are flashing a warning for stocksOne technician sees trouble in the charts that could suggest the rally may be over.

June 08, 2017 at 07:29AM

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Corruption beyond Brazil: Where the ‘Car Wash’ scandal has splashed across Latin America – The Globe and Mail

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Corruption beyond Brazil: Where the ‘Car Wash’ scandal has splashed across Latin America
The Globe and Mail
The Lava Jato investigation has engulfed Brazil’s political class, and it centres on contentious contracts by construction giant Odebrecht that span across the continent. Stephanie Nolen maps out how it’s affected their business, which national leaders

and more »

June 08, 2017 at 07:32AM

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Oil prices drop more than 4% after data show surprising s…

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Oil prices drop more than 4% after data show surprising s...U.S. crude inventories rose by 3.3 million barrels last week, versus expectations for a 3.5 million-barrel drop.

June 08, 2017 at 07:29AM

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Warren Buffett’s modest office inspired Google’s change to Alphabet, says chairman Eric Schmidt

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Warren Buffett's modest office inspired Google's change to Alphabet, says chairman Eric SchmidtAlphabet’s Eric Schmidt says inspiration for Google restructuring, which will lead to “revolutionary” innovation, was Warren Buffett’s modest offices

June 08, 2017 at 07:29AM

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The top 10 ways Americans waste money

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The top 10 ways Americans waste moneyNearly 70 percent of people admit to overspending on dining out.

June 08, 2017 at 07:29AM

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Wednesday, June 7, 2017

When Collaboration Makes Sense (and When it Doesn’t)

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Do you know what the tallest tree in the world is??  If you visit or live in California, you may have seen the giant sequoia.  

 

These redwood trees reach over 300 feet and many can boast a circumference of over 100 feet. It is not just their size that inspires, but their longevity. The oldest living sequoia is 3,300 years old. They are resistant to disease, fire, fungi, and insects. Indeed, these trees seem invincible.

Of all the amazing features of the sequoia, perhaps its root system is the most impressive and

surprising.

 

As it grows it spreads its roots far and wide—sometimes 200–300 feet in every direction, but not deep.  The entire root system is generally only about 20-30 feet below the surface of the earth. It seems improbable that such a shallow root system could support so massive a tree.  The key is how the roots weave together with the roots of other sequoias, building a vast network of stability and growth.

Want More Collaboration?

One of the most common goals I hear from senior leaders is for their managers to collaborate more.  There is a strong belief that collaboration, a willingness and ability to help others achieve a common goal, will produce significantly better results.  Like the roots of the giant sequoias, the more leaders support, align, and weave together, the stronger and more growth-ready the organization can become.

 

However, collaboration carries a downside if overused and overvalued.  Disengagement, loss of productivity, and cynicism emerge when collaboration is attempted when it should not be.  The worst is when collaboration becomes its own goal—when it is done simply for its own sake.  We’ve all been in countless meetings held in the name of collaboration, which unfortunately achieved little progress.

 

Don’t get me wrong—I’m a firm advocate of the power of collaboration within teams and across business units to accomplish amazing results.  Leaders and organizations, like the sequoias, can do great things when they work together instead of apart.

 

Focused Collaboration

So, to help leaders effectively use and not begrudge collaboration, it is time to clarify when it makes sense and when it does not.  The following is a three-part approach called Focused Collaboration that enables a leader to know how and when collaboration should be used.

 

Using the Focused Collaboration model will provide a path for leaders to effectively amplify the success of others through collaboration.  (Focused Collaboration is influenced by the great work that Morten T. Hansen did in his 2009 book, Collaboration, Harvard Business Review Press.)

 

Step #1: Identify Opportunities 

The first step in using collaboration effectively is to determine which topics or challenges are the right fit.  There are four variables to consider when finding the proper application for collaboration:  newness, impact, speed, and effort.

 

  1. Newness:  When the needed solution is uncertain or unprecedented making the newness factor high, gathering a group of people together can be essential to brainstorm and learn from diverse perspectives.  
  2. Impact:  When the issue is going to bring a significant cost-saving, revenue increase, or market share change, creating a team of people to work on the issue is a smart approach.
  3. Speed:  When there is a tight timeline and urgency is high, collaboration may not be the best idea.  The exception is if a clear sprint is established to guide the group since collaboration tends to take longer than working alone.
  4. Effort:  When the amount of work it takes to solve or address the issue is high, collaboration can be very effective at aligning, distributing, and following up on all of the needed work.

For any potential challenge, each of these factors needs to be examined.  However, it is looking at all of them together that informs whether collaboration is needed or not.

For example, a manufacturing company was debating about how to transition from gas powered to battery engines. This was new technology for the company, it would have large impact to their bottom line, the speed is less of a factor because of their existing market share and cyclical nature of the marketplace, and the effort is high.  Therefore, they chose collaboration to move the project forward.

Step #2: Manage Barriers 

The second step in deciding whether collaboration is the right approach to solve a problem is to discuss the threat of potential barriers.  There are three variables to consider when identifying potential barriers to collaboration:  access, ability, and incentives.  Unless minimized and actively managed, the presence of any of these barriers can quietly destroy a well-intentioned, collaborative effort.

 

  1. Access:  Having smooth and easy access to information, systems, and people is important to make collaboration work well.  If people are geographically dispersed or information is housed inside a single-person who is resistant to share, then access to critical information and discussion will be harder.  These barriers do not automatically rule out collaboration, but mitigating plans need to be put into place to address these challenges.
  2. Ability:  Having the right skills to communicate ideas, capture knowledge, and respect differing viewpoints is vital for an effective collaborative experience.  When people struggle with resolving conflict, if the culture is too competitive to encourage the sharing of half-baked ideas, or if there are too many other priorities, then the people on the team will have a very hard time helping each other be successful.
  3. Incentives:  Having supportive rewards and incentives provides aligned motivation to encourage collaboration.  When a cross-functional group is created and told to work together toward a common goal, yet each person is rewarded for their own individual effort rather than as a team, the incentive system will work against a collaborative approach.  Just like tracking assists in basketball, methods like peer review can be used to identify and reward those who are truly encouraging the success of others (and not just of their own interests).

Step #3: Create Solutions

The third step in achieving the best results with collaboration are figuring out the ways or solutions to achieve the best results.  Collaboration is merely one approach to get results.  It can produce higher levels of buy-in and improve the quality of decisions, but only if the desired results are clear in the first place.  Otherwise, an individual or consultative approach might work much better.  

 

To clarify if collaboration is the best approach to create the right solution, three variables need to be considered:  people, timing, and goals.

 

  1. People:  Identifying the right people and leadership will make a collaborative approach work more efficiently. Consider the technical and professional skill sets and backgrounds that are needed to provide requisite diversity of thought and action.  Clarify roles on the team, including a designated leader.  Create clear oversight so the team knows to whom they are reporting risks and results.  Also, avoid overwhelming the same 3-5% of your workforce who are consistently picked for team efforts.  Use these gifted collaborators with care to avoid burn out.
  2. Timing:  Identifying the timetable will be key in making sure that collaboration does not drag on and on.  Too often, collaboration results in many, many meetings.  These meetings seem to multiply like rabbits and yet somehow people fill whatever amount of time is provided…and still need more.  Establishing a beginning point, check-ins, and a clear end point prevents unnecessary spinning and wasting time in endless meetings.  Shoot for a 30 or 90 day timeline and keep the pace brisk!
  3. Goals:  Identifying and agreeing upon common goals is vital to the success of a collaborative team.  Yes, the team needs to have a clear objective with everyone describing success in the same way.  However, team members also need to have aligned individual performance goals.  Gathering individuals who each have unrelated performance goals can produce inherent conflict that is difficult to overcome.

Conclusion 

The Focused Collaboration model ensures that collaboration is used in the right way to achieve the right results.  It helps leaders answer the important question:  How will collaboration help solve our challenges?  

 

A well-functioning team has deep, interwoven roots, just like the giant sequoia. Using the Focused Collaboration model will help those roots grow together, leveraging the true and often hidden potential within any team and organization.

Note: This article was originally published on LinkedIn

June 07, 2017 at 07:33AM

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Thursday, May 25, 2017

Qatar launches hacking probe as fake news row spreads across Gulf

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The Qatari state television’s nightly newscast on Tuesday showed clips of the emir, Sheikh Tamim bin Hamad al-Thani, at an official military ceremony with a scrolling ticker at the bottom of the screen showing the alleged remarks.

May 25, 2017 at 07:30AM

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from Anti-Corruption Digest

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Stockbroker fined for corruption in latest 1MDB-linked prosecution

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vSINGAPORE: The latest prosecution linked to scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) involves a stockbroker, a bribe and a US$2.4 billion valuation of certain assets controlled by convicted former BSI banker Yeo Jiawei and Mr Tan Kim Loong, a close associate of Malaysian businessman Low Taek Jho, who has been accused of misappropriating billions from 1MDB.

May 25, 2017 at 07:30AM

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from Anti-Corruption Digest

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New Zealand Navy link to ‘Fat Leonard’ scandal

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The Royal New Zealand Navy contracted services from a now-defunct overseas company whose director sparked one of the biggest corruption scandals in United States’ navy history.

May 25, 2017 at 07:30AM

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from Anti-Corruption Digest

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Sunday, May 7, 2017

Ask HN: Stories of startup persistence

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I’ve recently closed the doors on my 6th bootstrapped startup in 15 years. This is in addition to many, many side projects that i would consider calling a …

May 07, 2017 at 07:35AM

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Berlin-based moving startup Move24 raises $14.3 million

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(Tech.eu) – Berlin-based moving startup Move24 has received €13 million (about $14.3 million USD) in Series C financing. Innogy Venture Capital led …

May 07, 2017 at 07:35AM

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start-up challenges

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10 Challenges Startups Face And How to Deal With Them. By TAMARA JAYNE All businesses face challenges at varying degrees but with a positive …

May 07, 2017 at 07:35AM

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Resuscitate Sales By Nurturing Dead Leads

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Most digital marketers obsess over driving new traffic to their site, but existing customers are five times more likely to repurchase, four times more likely to refer, and seven times more likely to try a new offer than brand new acquisitions.

May 07, 2017 at 07:33AM

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from Jia Wertz, Women@Forbes

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做生意有兩種未知數

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本文作者Leon Ho為 Lifehack 創辦人,原文刊於《蘋果日報

圖片來源:Pexels

圖片來源:Pexels

小時候我很喜歡打機,因為有很多不同的路線,千變萬化,覺得好刺激,但長大後對打機興趣漸減,因為我發現做生意變化更多,更有挑戰性。

打機可能有數十個版本和路線,但做生意可能性是無限。在現實世界裏,每走一步都可以令到結局截然不同。

不過同時有個問題,就是人對未知的事情有種強烈的恐懼,當一個團隊有很多成員都有很多疑慮時就會很難向前。想像一下現在跑馬拉松,你本來很有衝勁還剩很多體力,前面突然有跑手神色慌張回頭跑,你不知道發生甚麼事,那你仍會滿有幹勁向前跑嗎?當然會放慢腳步,因為你不知道前面有甚麼在等你。

要撇除疑慮,最有效方法就是減少未知數。未知數有兩種,一種是known unknown,另一種是unknown unknown。

known unknown即是我們知道它存在,例如當你擔心明天會否下雨令你行山受阻,你可以看天氣報告知道答案。這種unknown可以透過行動令它變成known。從做生意的角度出發,要減少員工的known unknown,例如公司業績如何?可以定期讓員工知道,特別如果有進展時,即使進展大也好小也好,也值得早點跟同事分享,讓他們不用等到最後一刻才知道。

如果真的無法知道答案,例如你推出產品前,雖然已做足準備,但你不肯定市場反應將會如何,那就唯有embrace這個未知數。做生意經常處於這種狀態,我們要記住大部份事情都不可能確保成功,如果那麼容易的話大家都湧去做了。

至於unknown unknown,就是根本無法想像的事,例如我已有三個選擇,並選了最好的,但我怎知道這已經是最好的選擇?會否還有更好的而我毫不知情?

要立刻找出unknown unknown是不可能的,因為根本就是unknown,但我們可以做的是,平日多點學習不同的事物,縮小自己unknown unknown的範圍,至少將unknown unknown變成known unknown,令自己想像力更豐富、更容易聯想不同事物,思考更全面。

面對未知數,我們只可以在已有的資訊,做最好的抉擇,同時不斷學習新事物令自己進步。做好了決定,既然知道面前暫時別無他路,唯一選擇就是全速前進。

May 07, 2017 at 07:25AM

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from Leon Ho

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