Directors' Circles:Topic 3 - Inclusivity_11 March 2015
11 March 2015
Registration from 15h30 - 16h00 Session Starts promptly at 16:00 - 19:00
144 Katherine Street, Grayston Ridge Ofiice Park, Block B, First Floor
Johannesburg, Gauteng 2196
Online registration is closed.
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Circle: Topic 3 - Inclusivity
III requires that organisations adopt the stakeholder-inclusive approach to
corporate governance. This means that Boards must genuinely consider the
perspectives of their stakeholders when making decisions on good governance,
including issues of social well being, environmental integrity and other
be difficult to map an organisation’s stakeholders, and even more difficult to
engage with them meaningfully. This is particularly so in a country as diverse
as South Africa. Inclusivity does only require external engagement. However; involving employees, and
multi-disciplinary inputs for decisions can pose significant challenges, while
adding considerable value to an organisation. Boards should also consider the
principle of inclusivity in their own diversity: a mix of gender, age,
technical skills, and cultural perspective can make for more robust
interactions and more informed decision making.
Code of Governance principles (King III)
- Principle 1.1: the board should
provide effective leadership based on an ethical foundation.
Key Focus Areas
The actual individual problems to be mentored will be raised
during the Circle. The following are intended to serve as thought-starters
- How do Boards counter ‘fronting’ of
any nature in their own ranks, for the sake of appearances?
do Boards balance the need to engage meaningfully with a broad range of
stakeholders with the need to make decisions in a rapidly changing business,
legal, social and environmental context?
do individual Directors overcome feelings of inadequacy when faced with
decisions on areas about which they know little, while maintaining their
does inclusivity mean?
are – or should - different views be weighted, whether as individual Board
members, or as different stakeholder groups?
are differing values accommodated in the inclusive approach to governance?