What happened to the Northern Ireland Events Company (NIEC)? The Chief Executive of NIEC resigned in May 2007. In September 2007, the Acting Chief Executive notified the Department of Culture, Arts and Leisure (DCAL), its sponsor Department, that NIEC had accumulated an estimated £1.2m financial deficit. Investigation found that deficit of £1.3m could be attributed …
Northern Ireland Events Company (NIEC) – Case Study Read More »
What happened in the Powers v Greymountain Management Limited case? In an Irish High Court ruling in December 2022, the directors of a company were held personally liable for the liabilities of the company, which had been used to facilitate fraud. It was the first time for such a ruling in Ireland. The judge, Mr …
Powers v Greymountain Management Limited (in liquidation) – Case Study Read More »
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The Board’s role in risk management is fundamental – the buck (for everything) stops in the boardroom! It’s essential that the Board thinks deeply and often about the key risks that can lead to different outcomes than expected, positive or negative. Every week we see scandals relating to safeguarding, abuse, fraud, cyber security … For …
Just because Codes of Governance state that external governance reviews should happen, maybe that isn’t a strong enough reason for a Board to commit the time, energy and cash to make it happen. Over the years, we’ve been told by clients that it can be a daunting prospect – inviting a stranger in to scrutinise …
Commissioning an External Governance Review – 3 reasons why you should Read More »
Too often, we see Boards merely rubber stamping the decisions brought to them by management. The 21st century boardroom should be a place for robust debate, where challenge is welcomed, support is offered, diversity of thought is openly shared and teamwork is proactively developed. Diversity of skills, experience, perspectives and thinking styles are important drivers …
“Smart people learn from their mistakes, but the real sharp ones learn from the mistakes of others” (Brandon Mull on www.blissquote.com) We’re dedicating this blog to some of the best learning we’ve seen from governance failures across governance in relation to the public sector and public sector relationship of RQIA with the Department of Health …
Governance is the leadership of decision-making, culture, controls and accountability from the boardroom and throughout the organisation to get consistently great outcomes.
Board Meeting Reflection The best Boards we know are passionately committed to continual learning and improvement, starting in the boardroom. Given the importance of Board meetings, it makes sense for everyone involved to review their effectiveness, at least a few times per year. Including ‘review of meeting’ in the agenda, and making time for it, …
Brilliant Board Meetings – look back to move forward! Read More »
