Oversight of protection for directors & officers against litigation may be one of the most important actions a business leader undertakes, yet this function is often overlooked. As a guest speaker at the Canadian Society of Corporate Secretaries (CSCS) annual conference in Montreal in August 2015, I outlined a key rule which surprised some attendees: D&O’s […]
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Changing the world, one water well at a time
On July 4th 2015, The Globe and Mail Report on Business published a story on an initiative I’ve had the pleasure to lead. (1) As Canadians, we are fortunate to be among the top four countries in the world with clean, drinkable water (behind Sweden, Austria and Norway). (2) Sadly, 3.5 million people die annually from ingesting diseased […]
Quantifying What Keeps Leaders Awake at Night
It was a pleasure to be acknowledged as a contributor to an excellent paper appearing in the UK’s widely read “Governance” magazine, March 2015 Issue 249.1 In their article entitled “Risk Oversight”, esteemed colleagues Ghislain Giroux Dufort (of Baldwin Consulting) and Denis Lavoie (of VIA Rail) address how executives and directors of organizations can monitor […]
Auditing Business Risks
In this Commentary, we examine two corporate catastrophes which occurred within the last year, focusing on the damage done and on the ensuing personal risk to the directors and officers (D&O’s). In both cases, D&O’s failed to identify, manage and act on protection for stakeholders against the key risks. At the conclusion, we provide a […]