Category : CHAIRMAN ARTICLES

What is a company chairman or chairman of the board or board chairman? Michael Tait explains: A company chairman is also known as a chairman of the board or board chairman. It is the highest ranking officer in the corporate governance structure of a company. The chairman is typically elected by the board of directors. […]

What can a chairman with private equity experience bring to your company? Michael Tait, has 23 years private equity experience and explains: A chairman with experience of working with private equity backed businesses can bring several specific advantages to a company. Here are some key contributions they can make: Understanding of Investor Perspective: A chairman […]

The Role of the Board of Directors. Introduction: Role of the Board In today’s complex and rapidly changing business landscape, the role of the board of directors has become more critical than ever before. The board serves as the backbone of corporate governance, providing strategic guidance, oversight, and accountability to safeguard the interests of stakeholders […]

Corporate Governance Meaning – refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company’s stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. The goal of corporate governance is to ensure that a company is managed in […]

An Independent Chairman is a board member of a company who is not affiliated with the company’s management or shareholders. An Independent Chairman is selected by the board of directors to provide an objective perspective and ensure that the interests of all stakeholders are being considered. They are not involved in the day-to-day operations of […]

Michael Tait discusses the role of the Chairman vs CEO. A chairman and CEO are two distinct roles in a company or organisation. The chairman is typically the head of the board of directors, responsible for overseeing the board’s work, ensuring that the organisation is adhering to its strategic objectives, and providing guidance to the […]

With all the focus and talk about equality, diversity and inclusion, and the writings and teachings about real leadership, you would imagine the awful corporate culture so evident in the 80’s and 90’s and perhaps beyond, would be confined to history. Sadly this is not the case. There are still plenty of corporate companies failing […]

Board self evaluation is an essential process for any board to assess its effectiveness and identify areas for improvement. Here are some steps that a board can take to self-evaluate: Establish the purpose and scope: The board should establish the purpose and scope of the self-evaluation. This may include evaluating the board’s performance in fulfilling […]

As the leader of the board, the chairman’s role in managing disagreements between the board members is critical to ensuring the board operates effectively. Here are some tips on how a chairman can handle disagreements among the board: Foster open communication: The chairman should encourage board members to express their opinions and ideas openly and […]

As the Companies Act 2006 is a key piece of legislation governing the operation of companies in the United Kingdom, there are several important aspects of the Act that the chairman of a company should be familiar with. Here are a few key points: Company Formation: The Companies Act 2006 sets out the requirements for […]