A lot is spoken about organisational risk, but non-executives should remember their reputations are on the line too. Nick Hood describes the steps need to protect a personal reputation.
Risk. Photo: A Syn, Flickr
Non-executive roles are as varied as the companies that hire them. They range from some gentle hands-off mentoring of a welcoming but experience-light CEO, through to full-scale involvement with an executive team inherently hostile to perceived interference by a dilettante old part-timer.
What nobody contemplating such a task should ever think is that "non-executive" means "non-risk". The supposedly independent nature of the role provides no protection whatsoever when things go wrong.
Reputational damage, potential personal liabilities and disqualification proceedings rarely differentiate between executives and their non-executive col
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda