9 Habits of Effective Audit Committee Members in Accounting Today
Audit committees are responsible for wading through the gray area in every company with respect to the law, best practices and business ethics. There are many ways to interpret strategies, and the audit committee is tasked with assessing solutions and bringing results back to the board. Clearly this can be a stressful place. Audit committees […]
Read MoreDeciphering Board Dynamics
Much of the dynamics on boards begins with creating emotional connection. When board members are “securely connected”, they feel confident that each member is reliable, supportive and responsive. Many boards struggle when members distance themselves emotionally from each other. The Board/Team Dynamics Process, BDP, helps board members bridge these gaps and communicate their needs and […]
Read MoreGoogle CEO, Sundar Pichai Answers The 3 Most Important Questions
Recently a Google employee wrote a 10-page memo to express his views. In response, he was fired. Google’s CEO, Sundar Pichai interrupted his vacation and wrote a memo to all Google employees . Pichai’s memo and the decision to cut vacations short clearly demonstrates that he is aware of how emotions can impact company’s culture […]
Read MoreA Fraud Examiner’s Guide To Relationships
Trust and transparency are two of the most important elements of a fraud examiner’s relationship with their client. We strive for it through the process of emotional connection, whether we realize it or not. The best way to gain the trust is to become more aware of it. We now know how these types of […]
Read MoreTwo Ways United Airlines Could Have Avoided Public Backlash
On April 9th, 2017, David Dao was physically dragged off a United Airlines flight departing from O’Hare International Airport. You’ve no doubt heard about this, but in case you’ve got some catching up to do, you can read about it here: http://nyti.ms/2ok5MOV. How did what should have been a relatively calm, albeit unpleasant, incident turn so […]
Read MoreCreating Emotional Safety from Scratch: Tips for Viacom
We’ve been seeing a lot of drama out of the Viacom boardroom in the last several months, but now there is finally some movement forward for the company. Viacom will be replacing their CEO, Phillipe Dauman with Tom Dooley. This comes after a long battle between Dauman and the Redstone family (who control most of […]
Read MoreCommon Sense Principles In Action: Board Composition and Internal Governance
Recently some of the world’s biggest names in corporate governance and business put together a set of Commonsense Corporate Governance Principles. These eight principles cover just about every aspect of governance and board life so I wanted to take some time to explain how to best implement these principles by using emotional connection. Because there are […]
Read MoreTurning Uber Around
We’ve heard the words “Uber” and “turmoil” in the same sentence a lot in recent months. The ridesharing company has been facing trouble from political, internal, and corporate fronts. Most recently, we saw their president of less than a year, Jeff Jones, step down after the CEO asked for his resignation. Jones cited a difference […]
Read MoreBoard Distress & Productivity: Making A Difference On Your Board
This blog is a summarized version of our article, Dealing with the Shock of Board Distress: An Emotionally Focused Approach – if you would like to read the article in full, click here. Dysfunctional boards and unsafe board relationships are the aftereffects caused by violation of trust, violation of core values, board discourse, or other shock. […]
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