Archive for the ‘sustainability’ tag

It’s Getting Hot in Here – Corporate Board Seats Are Heating Up!

http://moneyfornothingthebook.com/content/labels/outrage.html

I have watched this video several times to see how the facts are being presented in a blunt, factual style.  My first reaction was wow these folks are seriously taking corporate boards on.  My norm for this discussion on corporate boards is nuanced , diplomatic and private.

It takes courage to speak out on the status quo and be an activist for change.  I am looking forward to reading the book and watching this movement unfold.  This outspoken view opens the door for me as I’m out marketing to independent directors to engage my new firm, Risk for Good, www.riskforgood.com.

This is an advisory firm exclusively for independent directors to strengthen their oversight of risk, sustainability (CSR), and talent diversity.  I’ve spent the past few years getting my governance education ready for the “New Normal” .  This new business environment will require more robust board discussions on the impact of these issues on  business strategy.

This conversation on boards has been happening mostly in small rooms among institutional & activist investors and diverse community wanting a board appointment.  Now it is out in the open I’ll look forward to it building a community that wants to see more transparency.

The conversation on women’s rights would not have happened if women’s kept their conversation confined to morning coffee only with each other.  It took Gloria Steinem, Bella Azbug and others speaking up and taking the heat in the 1960’s to open the door.

I’m interested to see how directors will respond to the book.   The directors I’ve met are looking to stay informed and most would not think they are represented fairly  in  “Money for Nothing”.  When I look around the room, it is like many industry gathering I attend; senior, successful people who are living in a world that is isolated and  insular.

In my opinion, “Money for Nothing” is here to tell corporate directors that they are naked in this age of transparency.  Leave a comment and let me know what you think boards need to do to improve their governance of risk, sustainability and talent diversity.

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