Peakstone Global

I’m excited to be speaking at the International Corporate Governance Network Melbourne Conference, as part of a panel on Director Selection and Nomination. Register now to join the event at www.icgn.org/melbourne for three days of knowledge sharing and collaboration on priority governance and stewardship issues. #directorselection #directornomination #boarddynamics #ICGN2024

In a world where crises seem to emerge faster than ever, how can we better prepare and respond? 🌍 Too often, we see leaders caught in the same traps—ego, hubris, and poor planning—leading to avoidable disasters. But it doesn't have to be this way. In my latest blog post, I explore the delicate balance between confidence and overconfidence, and how strategic preparation can make all the difference when the unexpected strikes. Crisis management isn’t just about responding in the moment; it's about laying the groundwork long before the storm hits. By following these steps, we can navigate challenges with clarity and purpose. What steps are you taking today to ensure you're prepared for tomorrow's challenges? #Leadership #CrisisManagement #BoardLeadership #StrategicPlanning #BusinessResilience https://lnkd.in/gJYjRJ38

From my colleague Simon Rumore FAICD of our Australian Partner firm, Peakstone Global, here are some great insights on non-executive director appointments. I’d even suggest a 6th ‘C’, Courage - - Courage, to ask the ‘dumb’ question, or the question that everyone knows should be asked but is too afraid to raise; - Courage, to make the tough decision, when we know it’s right, even though it may be (and may make us) unpopular; - Courage, to stand by our colleagues, even when we may have disagreed in the boardroom; and - Courage, to accept that sometimes we get it wrong, and not to hide from reality.

This week Scion welcomed Tony Allison and Murray Sherwin CNZM to the Board. They joined existing Board members and newly appointed Board Chair Richard Westlake for their first official meeting together in Rotorua on 25 July. These appointments strengthen the governance and strategic direction of Scion, bringing extensive experience and a wealth of business knowledge to the organisation. Find out more about the new members and their decorated careers: https://lnkd.in/g37dSkTV

Last week I started a series exploring what I believe are the 5Cs of Director recruitment. While Capability is always referenced, I said I believed Commitment was the most important consideration when taking on a new Director to your Board. Any ideas for what I think the third C is? I'd love to hear your ideas in the comments below, and hope you take the time to pop over to the Peakstone Global website for a quick read. #DirectorRecruitment #Boards #Governance

At Peakstone Global we don’t offer Board recruitment because we always want to avoid potential conflicts of interest when delivering our many services, especially director skills and behavioural assessments. You can read more about those here: https://lnkd.in/ei3VFV9Q That doesn’t stop people from asking us for advice on the types of people and skills that are needed as non-executive Directors. I’ve done some thinking on this and believe there are 5 Cs in appointing the right individual to a Board. No prizes if you guessed Capability was the first C. While capability is of critical importance, what do you think the other four are? I’d love to hear your thoughts in the comments below. And of course I’ll be posting about the other four Cs over the next few weeks. Stay tuned.