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Corporate Culture - Why understanding culture is crucial for NEDs – Webinar recording

BDO hosted an online seminar session, with the Non-Executive Directors’ Association (‘NEDA’) considering how boards are grappling with the development of organisational culture and in particular how input from Non-Executive Directors (‘NEDs’) can make a difference. BDO and NEDA were joined on the webinar by Telos Partners, a consultancy that supports sustainable change within organisations, and by an experienced NED (Valerie Hughes-D’Aeth), creating an expert Panel that explored a dynamic and topical area in need of practical solutions.

Establishing a strong corporate culture is now a central theme in the governance of any organisation and getting it wrong can lead to extreme reputational damage, as being experienced currently by the CBI, or to the organisation going out of business, as experienced by Carillion and others. The question is how should boards shape the narrative and provide direction?

The Panel session sought to cover:

  • How culture impacts employee performance, organisational resilience, and decision-making, and how it can be a source of competitive advantage.
  • How to create better awareness, establish a shared language, and generate healthy dialogue on culture diagnostics and transformation.
  • Understand why corporate culture is a boardroom issue and how boards need to lead by example, especially as the culture of the board itself can impact the organisation.
  • Why organisations should act now to build a strong culture and understand how this is relevant to NEDs and the role they can potentially play in the process.

The Webinar Panel comprised:

GRAHAM DURGAN
Chair and Strategic Advisor, NEDA

IAN BENNINGTON
Partner, BDO

ZSOLT SZELECKI
Head of People Advisory Services, BDO

JOANNA BOOYSEN
Partner, Telos Partners

VALERIE HUGHES-D’AETH
CIPD Board Chair and NED

To obtain a copy of the slides please click here.

To see and hear a recording of the session click on this link.

 

 

 

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