On Governance: Rethinking the Traditional “Three Lines of Defense” Risk Management Model
October 25 | Tim Leech, Managing Director, Global Services, Risk Oversight Inc. | Comments (0)
Tim Leech makes the case why there are more than three lines, and more than just “defense,” in effective risk management – and why the Institute of Internal Auditors should adjust course.
Why Disaster Giving Needs Change Today—For A Better Tomorrow
October 22 | Kelly Beckner, Senior Partnerships Manager, GlobalGiving | Comments (0)
Airbnb gives consumers choice. Lyft can get you anywhere, anytime. TOMS makes your purchase count for two. Today’s companies significantly impact consumer behavior, from what you do to how you do it, and everything in between. The corporate role in disaster philanthropy—and influence over consumer and employee giving trends—is no different.
Making Intangibles Tangible: Not Including Intangible Assets in Financial Statements Can Lead to Consequences
October 22 | James Gregory, Senior Fellow, The Conference Board | Comments (0)
We need a new conceptual model that incorporates the idea that intangible assets directly connect to business strategy. That way, they can financially impact both revenue growth and shareholder value. After all, a company develops its brand to improve its bottom line because consumers prefer to purchase from companies they know and favor. The same holds true for investors who buy the stock of companies they know and trust.
On Governance: Time to Replace Nominating with Governance Committee
October 18 | Denise Kuprionis, President, The Governance Solutions Group, Senior Fellow, ESG Center | Comments (0)
Audit and compensation committees have already gone through alignment at many public companies. Now it is the nominating committee’s turn for reordering.
Improving Public Relations Leadership Should Be A Priority
October 07 | Juan Meng, Associate Professor, Public Relations, University of Georgia | Bryan Reber, Department Head, C. Richard Yarbrough Professor in Crisis Communication Leadership, Public Relations, University of Georgia | Comments (0)
Is improving leadership even on the radar screen in the public relations profession? The short answer appears to be no, according to the results of the Plank Center’s Leadership Report Card 2019. Though numerous blogs, articles and research studies in our field recognize the importance of improving leadership to help the profession achieve positive outcomes, the industry struggles to make it happen.
Cost of Frequent Mega Disasters Raising the Stakes for Corporations
September 30 | Kitty Dumas, Manager, Ryder Charitable Foundation | Comments (0)
Corporations are critical to disaster philanthropy, not just because of the dollars they provide. They are often more nimble than governments in reacting to disasters, providing dollars and services minus the red tape. The Ryder Charitable Foundation, a Disaster Responder member of the Red Cross Annual Disaster Giving Program, is taking the lessons of 25 years in disaster philanthropy and applying them to recent challenges.
On Governance: Now is the Time to Designate Proxy Advisors as Fiduciaries Under ERISA
September 27 | Bernard Sharfman, Associate Fellow, R Street Institute | Comments (0)
Given that shareholder voting carries with it fiduciary duties, it is somewhat surprising to find that proxy advisors have yet to be designated investment advice fiduciaries.
Making Intangibles Tangible: The Benefits of Measuring Intangible Assets
September 26 | James Gregory, Senior Fellow, The Conference Board | Comments (0)
There are certain basic concepts, such as intangible assets, that as a manager you should know well. Why? Because intangibles are meaningful and material to your business at many different levels, and yet you cannot rely on accounting to help manage them because intangibles are not on your company’s balance sheet unless they have been acquired.
On Governance: SEC’s Message to Companies, Shareholders: Don’t Expect Us to ‘Referee’ Proposal Disputes
September 20 | Gary Larkin, Research Associate, Corporate Leadership, The Conference Board | Comments (0)
The new SEC no-action letter policy could lead to further Rule 14a-8 changes as companies will be forced to engage with shareholder proposal proponents.