Articles by Jane Boag

Strengthening Risk Management at the Board Table

I see lots of risk registers and risk related documents. Some are great and really help board members and executive teams identify, manage and report on the “effect of uncertainty on objectives” (as defined in AS ISO 31000:2018) but many could be strengthened. Ultimately, risk management is a strategic process – looking forward to explore what may happen in the future that will assist or hinder your organisation in achieving its purpose and goals.

The Board and Risk Management

We remain in the midst of a global pandemic. We have all had to think, respond and behave differently as a result. Things that we took for granted before 2020 are no longer possible or require a different approach. Our expectations have changed. Our priorities have changed. The pandemic has created uncertainty for us all. This is in addition to other factors that create uncertainty in our environment, business and personal worlds.

What Is It About the Role of the Chair?

Once upon a time there was a board member who was passionate and diligent but inexperienced and naïve who was asked to take on the role of Chair of the Board. “I’m really flattered. I don’t really know what I have to do other than chair some meetings, so how hard can it be?” they thought to themselves. A fairy tale it might appear to be, but this was me. Twenty years on, I reflect on my transition from well meaning board member with little experience to having held the role of chair on a few occasions in my career.