Words .....that work

used with discretion and in harmony, to excite, persuade or merely reveal

Blog : BOARD TALK

Digital Transformation: About Training, Not Marketing

Posted on December 15, 2016 at 10:45 AM

The reports are coming flying out, one after the other - Britain's biggest businesses risk being disrupted by the pace of technological change because their senior leaders are paying lip service to the need for digital transformation.


This one is from online learning provider

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An Ethical Flaw In Any 'Bargain' For Better #CorpGov?

Posted on November 22, 2016 at 1:15 PM

On centre stage in London at #CBI2016 the talk all seems to be around 'bargains' for better corporate governance. It's an interesting idea from the UK's Conservative government that is instantly ethically flawed.


Are we now resorting to paying people by barter for good behaviour? As well as perhaps, changing what words mean in a post-truth world.


The U.K. Prime Minister, Theresa May, has

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Companies Face 'Wake-Up Call' On Culture, Says FRC

Posted on September 20, 2016 at 12:05 AM

Companies face "a wake-up call to review their cultures" before they can win back broad support from society, business leaders will be told at a conference at Mansion House today, in the City of London.


Sir Win Bischoff, Chairman of the Financial Reporting Council (FRC) will tell delegates at the regulator’s conference, ‘Culture to Capital: aligning corporate behaviour with long term performance’, that companies must establish a culture that fos...

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Energy Companies: Ofgem Action Will Do Nothing On Culture

Posted on August 3, 2016 at 11:15 AM

This morning we have the UK energy regulator Ofgem's report - with the much vaunted protection (from April next year) of  four million pre-pay customers by an interim price cap. Ah, progessive capitalism I hear you say: protecting the vulnerable. Alas, no - that's a headline-grabbing sop to corporate governance.


To quote Stephen Green (yet again),

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When Total Variable Pay Is More Than 58x Salary....

Posted on June 6, 2016 at 9:30 AM

Investors and regulators keep talking about corporate culture, and how important it is to setting the tone of a business. What about executive pay ? When total variable pay represents more than 58 times salary and is stratospherically unrelated to what the average employee earns, surely something is very wrong on culture.


This week advertising giant WPP holds its AGM - on Wednesday, June 8. The

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Business Is Its People - So Where Are They In Reporting?

Posted on June 1, 2016 at 9:55 PM

I like headlines when they say it all. The one on this blog today refers to the current standard of human capital reporting by FTSE 100 companies. Because if business = its people, then companies need to join up the dots between that, transparency and disclosure. Except that sadly, they are either not aware, or not proactive in sharing their intelligence, it seems.


A third (30%) of FTSE 100 companies are withholding relevant information from their annual reports and painting...

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'Mis-selling' Is At The Heart Of Corporate Governance

Posted on May 13, 2016 at 11:00 AM

The UK Committee of Public Accounts has spoken and everyone should be listening hard.


Yet again we grapple with the terminology on where culpability lies and how we change corporate behaviour. But Britain's PPI mis-selling scandal is a textbook case on what is wrong: when business does not serve consumer and societal interest, veering off on a pur...

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