Mentoring Circles Topic 3: Inclusivity
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King 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 sustainability considerations.


It can 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.


King 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 only:


  • How do Boards counter ‘fronting’ of any nature in their own ranks, for the sake of appearances?
  • How 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?
  • How do individual Directors overcome feelings of inadequacy when faced with decisions on areas about which they know little, while maintaining their fiduciary duties?
  • What does inclusivity mean?
  • How are – or should - different views be weighted, whether as individual Board members, or as different stakeholder groups?
  • How are differing values accommodated in the inclusive approach to governance?