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Canadian Purpose Economy Project
CGIC is a proud sponsor of the Canadian Purpose Economy Project.
At this time of economic challenge, rising inequality and environmental emergency, Canadians are calling on all sectors of the economy to contribute to health and well-being across our society.
The Canadian Purpose Economy Project began to take shape in early 2020 to convene, connect, and collaborate to promote the uptake of social purpose action across the economy.
Thought Leadership
A Focus on Governance Outcomes: Assessing Board Performance
01 March 2017
In the early days of what has become an ongoing focus on good governance and board effectiveness, board evaluations were largely limited to compliance matters. Today, assessments are about making good boards better by using greater rigour to identify opportunities to improve the board’s value and contribution.
Enhancing Individual Director Accountability
28 April 2020
Arguably more important than structural or process matters are relationship and behavioural dynamics in the boardroom. While hard data on board culture and behaviour is elusive it is not a stretch to suggest that without highly functional boardroom relationships – among board members and with management – boards cannot hope to govern well by relying solely on the other two legs of the governance stool: behaviours and culture.
The challenges that boards and management often encounter when sharing power, loosening their grip on control and navigating real or perceived conflict can undermine their ability to govern well. The essential need for trust and confidence in each other can be compromised and, unfortunately, tolerated.
Individual director accountability is the next frontier of where good governance needs to focus its time and attention. This article offers some constructive perspectives on addressing this appropriately within the context of the boardroom.
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