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Tag >> governance
Sep 28

Tech Tuesdays (September 28)

Posted by dbedell in Thomson ReutersTechnologySunGardSEPARisk and ComplianceRabobankgovernanceClear2PaybiztechBasware


Office products company Acco Brands Europe is implementing Basware’s invoice automation and purchase management offering to reduce costs in its supply chain, according to GTNews. The goal is to centralize and automate purchase-to-pay processes across the 12 countries in which Acco Brands operates.

Financial and treasury technology provider SunGard has launched MarketMap Mobile—a mobile version of its real-time market data and information terminal, for the Blackberry.

Jul 04

Non-profits revamp boards for better governance

Posted by SherylNash01 in non-profitsnon-profit boardsgovernancecareer/management


Non-profit boards are on the hot seat, much like their corporate counterparts. They are receiving greater scrutiny from policy makers, the public and the Internal Revenue Service. While the spotlight is on the board's role in ensuring compliance with the law and preventing fraud, of equal importance is leading their organizations at a time when obtaining revenue growth and controlling expenses are priorities.

Change is afoot in the non-profit governance arena. Take for example the National Foundation for Credit Counseling (NFCC). Last fall, its Member Agencies voted to change the organization's governance-transitioning from a Board of Trustees comprised exclusively of Member Agency representatives to one with a majority of at-large national thought leaders.

Jun 30

Corporate social responsibility gains more traction

Posted by SherylNash01 in shareholder resolutionsgovernanceESGcorporate social responsibilitycareer/management


The current proxy season is giving hope to social and environmental shareholder activists they will eventually prevail on management to adopt their resolutions.

Those favoring socially and environmentally sound policies are winning historically high levels of support. While they're non-binding, increasing support for them puts pressure on managers to respond.

Jun 17

Most CEOs have no heir apparent

Posted by SherylNash01 in succession planninggovernanceCEOscareer/management


More than half of companies today cannot immediately name a successor to their CEO should the need arise, according to new research conducted by executive search and leadership consulting firm Heidrick & Struggles and Stanford University's Rock Center for Corporate Governance.

"The lack of succession planning at some of the biggest public companies poses a serious threat to corporate health, especially as companies struggle toward a recovery," said Stephen A. Miles, vice chairman at Heidrick & Struggles in a prepared statement. "Not having a truly operational succession plan can have devastating consequences for companies - from tanking stock prices to serious regulatory and reputational impact."

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