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GOVERNANCE MATTERS

September, 2022  
donna.hamlin@hamlinharkins.com

 

Meet a Few of Our Latest Board Certified Directors Ready to Serve 

 

 

Becky Pratt
President, Mattan Pratt Consulting. L.L.C.

Michelle Thompson

Founder, Clear Ripple, LLC 

 

Kevin Newmeyer, Ph.D.

International Strategy, Cybersecurity, Risk Management

 

We are happy to help any board looking for the ideal director for the future. 

 

 

Upcoming Event

Oct. 20th

10:45am PT

 

The Board Work Ahead

 

Dr. Donna Hamlin is speaker for OnBoard Meeting session addressing trends ahead and how to prepare. 

 

Latest Interviews 

Watch interviews by Kris Watson, Partner at Sanford Rose. with Dr. Hamlin on topical board questions.

 

Not getting ideal boards

Diversity of PShall roblem Solving

Talent Challenges and Getting Strangled in the Board Room

 

 Looking for a 

Board Role? 
Join our Registry 

To join, here is the link:

https://boardwise.biz/register1.php

 

 Looking for an
Ideal Director?
  Our registry includes vetted, qualified professionals with an interest in board roles.  

Contact us if your board seeks top notch directors.
***

Board Evaluations

An independent board evaluation can introduce new ideas for best practices. 

We conduct independent board evaluations based on best practices and opportunities for improving board performance and contribution.
Contact us to learn about our review process.

 

  What Graduates from our Certification Program  have to say: 
 
"Thanks for making me ready to serve. I feel confident and eager in my new board role!" 
 

“BoardWise’s certification course is just what I needed. The instructors are amazing! I am finding the practical training on how to think and communicate as a board member to be tremendously valuable.”

 

"I went through a 9 week Board Certification program,conducted by BoardWise that will enable me to serve on corporate Boards. The program brought into focus some of the advanced knowledge that Board members need to know - Cyber Security, Compliance with SEC and other federal organizations, DEI and various other topics. My interests lie in health care and/or biopharma companies in early to middle stages of growth. I want to thank Donna Hamlin for suggesting the program and all the great facilitators who conducted this program. I have served on many not-for-profit Boards (in leadership positions) in the Bay Area. This will lead me into my first foray into corporate boards - private or public. I am truly excited about this opportunity.

"Thank you for your Boardwise training. It's nothing short of life changing so far!  Every session challenges how I think about work, companies and our impact - in a big way!" 

 

"T hanks for the BoardWise course! It was excellent content and great learning for me and I love the guidance and coaching in my board work journey."

 

 

 

 

 

 

    Make Room on Your Calendar for More Board Work Ahead:

     

    Boards Are Not Bored, They Are Growing!

     

    by Donna Hamlin, Ph.D.

     

     

    By: Donna Hamlin, Ph.D.

     

    As boards take on broader issues and challenges -- all during social, global and economic uncertainties -- boards are changing in size, composition, committee structure and frequency of meetings to meet their growing duties. This means changes are underway.

     

     

    More Directors and Expertise in Board Composition

     

    Board’s roles are expanding to include ESG issues, cybersecurity, climate change and long-term strategy. To meet this, boards are adding new subject matter experts to contribute to areas in risk management for cybersecurity, diversity, environmental changes and long-term strategic thinking. While board sizes historically range between 5-9 directors, shifts are underway to meet the new work ahead, with boards of 9-11 directors.

     

    New Committees and Structure Changes

     

    While stock exchange standards call for companies to have at least three committees – audit, nomination and governance and compensation – the majority of boards of large companies have evolved to four or five committees and are now growing even more. As of June, 2022, the S&P 500 companies with now six committees has grown to 13% this year. To be fair, smaller companies with revenues less than $100 million have three or fewer committees and fewer directors currently.

     

    By industry, the types of companies taking the lead in expanding

    their committees are in financial, materials and utilities sectors. Others are beginning to follow.

    The growth and change in committee types is important to evaluate for your board planning. To supplement the audit, compensation and nomination and governance committees, the new ones emerging are:

     

    Committees                    % of S&P Co. with Committee in Place

    • Executive Committee                                     30%
    • Finance Committee                                        27%
    • Science and Technology Committees            16%
    • Risk Committee                                              13%
    • Health/Environmental Safety Committees      11%
     
     

    More Board Meetings

     

    Prior to the pandemic, board meetings were most often six times a year. During the first year of the pandemic, boards meeting frequency spiked while boards met to address the challenges and to keep all informed. Since then, boards continue to meet more often than before they did during the pandemic. The range is shifting to a range of eight to twelve meetings per year.

     
     

    More talent, more topics and more time ahead! It is a smart time to bring your board together to explore the design for your future. We are here to help with planning, redesign, best practices and qualified directors.

     

    References:

    The Conference Board ESGUAGE 2022

    Corpgov.law.harvard.edu/2022/08/30/Board Leadership, Meetings and Committees

     

     

    Back By Popular Request! 

     

    J OIN US FOR THIS YEAR'S FALL PROGRAM

    https://boardwise.biz/board-certification-program.html

     

    REGISTER TO RESERVE YOUR SEAT

     

    Fall Session – Sept 23- Nov 18

     

     

    PREPARE FOR BOARD WORK AHEAD

     

    Governance and director duties are growing as boards address simultaneous challenges on hot topics.

     

     

     

    Cybersecuirty                     Risk                             ESG 

     

     

             DEI                     Artificial Intelligence    Digital                                                                                             Transformation

     

    Prepare yourself by registering for our Gold Standard upcoming Board Professional Expert Certification Program.

     

    https://boardwise.biz/board-certification-program.html

     

     

    donna.hamlin@hamlinharkins.com

     

     TOPICS AND CONTENT

    This program has two components.

     

    INITIAL ORIENTATION – assessment and personal one-one one video call with Boardwise expert

     

    Participants complete an online Board Bona Fide® assessment to establish current board readiness. You have a one-hour private session with a board expert coach to review your profile; discuss what type of board is the best match and explore suggestions for how to achieve your goal to serve on a board.

     

    GOVERNANCE EDUCATION SESSIONS – live educational sessions online

     

    The live interactive program includes nine sessions, each of which is two hours.

     

    Governance Sessions Topics

    • FUNDAMENTALS OF BOARD SERVICE
    • GLOBAL GOVERNANCE
    • FINANCIAL FOUNDATIONS
    • BOARD’S ROLE IN STRATEGY AND INNOVATION
    • BOARDS AND BIG DECISIONS: CYBER SECURITY AND RISK MANAGEMENT
    • BOARDS AND BIG DECISIONS: ARTIFICIAL INTELLIGENCE AND DECISION-MAKING
    • BOARDS AND BIG DECISIONS: ROLE OF BOARDS IN THE DIGITAL AGE
    • THE CEO, YOUR BOARD STYLE AND BOARD DYNAMICS
    • SOLUTIONS FOR SPECIFIC CHALLENGES

    Why This Program?

    Taught by world-class global experts in corporate governance, you will:

    • Learn the latest in governance issues and how to manage them;
    • Prioritize board roles and responsibilities;
    • Understand the economic, legal, reputation and fiduciary responsibilities of directors;
    • Feel empowered to ask the right questions and make important decisions
    • Understand and improve your effectiveness on a board;
    • Learn about best practices for evaluating company financial and strategic performance;
    • Improve committee effectiveness and personal director contributions;
    • Consider ways to improve board mix, meeting effectiveness, relationships with shareholders and stakeholders and increase overall corporate reputation;
    • Compare practices and ideas with director colleagues from other companies who participate;
    • Become a more effective, knowledgeable leader in corporate governance.

    Faculty for the Program

     

                         
    Dr. Donna Hamlin         Professor  Dr.  Fred                                                  van Eenennaam                             

     

                           

         Jen McClure                          Marilyn Nagel                                                              

     

    Brian Barnier 

     

    Join those board directors who understand: learning is a permanent commitment for board members.

     

    Learn more and register at

    https://boardwise.biz/board-certification-program.html

     

    Read More About Us at  https://boardwise.biz