As nominations open for the Non-Executive Director Awards, Paul Drechsler explains why it's important to highlight what good looks like.
Being a board director is not for the faint-hearted. But if society is to put its trust in business as a force for good, people need to trust the leadership in business.
From time to time significant media attention is given to company failures that have resulted in lost jobs and failing communities. We should not lose sight of the fact that the total number of those failures is very small in an extremely large and diverse universe of companies. But we can use these headlines as a reminder of the importance of independent minds, of boards challenging strategy as much as supporting managers.
There are many reasons to be very proud of board governance in the UK. We have developed and we operate to some of the highest standards in the world – and non-executive directors play a vital role within this.
A good NED will show just as much c