Tag: institutional memory

If you had to make me choose just one good governance practice that is worth entrenching in your founding document and abiding by, it would be mandatory gaps in service for board members. I often have organisations, new and old, fight me on this for various reasons – the board is working so well together; we have such great board members and don’t want to lose them; it is so hard to find good board members; the admin is too much

South African boards should be looking carefully at King IV’s guidance on board composition and director independence rather than simply trying to impose a one-size-fits-all rule. An overemphasis on independence can actually rob boards of institutional knowledge and experience.