There are no easy solutions to balancing the needs of stakeholders, but having a board where tough issues are raised and debated is crucial to success.
I have been chair of the board for the past 18 months at Libraries Unlimited, which is a charity representing more than 50 libraries across Devon. During this time I have found myself navigating five particular challenges which are applicable to anyone in the role of board chair.
Many of these challenges emerged from a recent board, chair and CEO evaluation process that we have completed internally. We asked all board members to complete a short online survey, followed-up with individual discussions conducted by the chair and deputy chair. The process helped to generate quantitative and qualitative data, raise important issues, provide two
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Investors are placing environmental, social and governance (ESG) issues at the top of their agendas, and they expect the companies they invest in to do likewise. But financial services firms need to ensure that these commitments are reflected in robust policies.