The FRC have recently issued a revised version of the UK corporate governance code and sent it out for consultation. The revisions to the Code aim to address the public’s reduction in trust of our corporations. In particular, to respond to press, public and government...
Chairmanship is much more art than science and success is based on the particular constitution of the Board and the requirements of the individual Board members. Boards in different sectors and different industries make different demands on the chairman, however the...
Much has been written about the need for effective collaboration in the large scale building projects that are shaping our cities. Collaboration between designers, engineers and the many specialist construction companies involved. Collaboration between developers,...
The pressure on Programme Boards grows as the scale and duration of some major programmes matches that of medium sized companies. And the work involved in contracting a complex set of interconnected suppliers to support the delivery of these programmes is a long way...
The press has been full of articles discussing how Boards should be more representative of the organisations they lead. Clearly this discussion has focused on the issue of gender diversity and how to encourage more women onto Board positions and the success or...
In today’s interconnected business world a successful change programme can’t stop at the boundaries of your own organisation. To get the benefits of new ways of working, streamlined procedures or technological innovation often means getting your partners...
Socia is working with the Defence Science and Technology Laboratory to help implement their new business plan – which is based on more partnership working with industry and university research facilities.
Many Boards across all sectors now carry out regular evaluation of their effectiveness. For UK PLC’s the corporate governance code requires external evaluations every 3 years, with the resulting action plans being reported to shareholders. Public bodies and...
The track record of major programme delivery is not good. Many programmes fail to deliver the benefits of their original business case. At a Socia dinner in July a group of Exec and Non-Exec Directors debated some of the reasons why – and came up with 5 lessons...
An email popped into my mailbox last week from the Harvard Business Review with the title “Virtual Collaboration is fast becoming the norm, are you ready?” – the same day a colleague sent me a link to a New York Times article about research Google has done into what...
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