Lunch discussion in association with Global Rock Exchange, House of Commons, United Kingdom, 13th October 2009
A big thank you to Julian Dawson for hosting a thought provoking lunch at the House of Commons and leading a discussion about the future and structure of junior mining company boards.
A skilled and professional facilitator, Julian invited an open forum debate which identified many questions and concerns amongst corporate officers.
It was of personal interest to hear that despite increased corporate governance, independent directors can still feel isolated amongst their fellow board members. When their experience and views may well prevent strategic or statutory mishaps in the future, it seems a pity we still hear occasionally that these very experienced corporate officers are not used as they were intended. It would be interesting to hear how many Non-Executive Directors think they are fully and correctly utilised.
There is no shame in admitting that the board is not working as a cohesive team. The shame would be in not recognising it and sweeping under the carpet. It is often a relief to introduce a third party to review executive matters.
Julian will no doubt be working with more directors, in the future, to create strength and experience in the content of their board of directors.
Copyright: Janet Bewsey, jobs4mining.com (published with permission)