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Henri Eliot

Henri Eliot

CEO

Henri Eliot is chief executive of Board Dynamics, a consultancy, which provides strategic advice to directors and boards throughout New Zealand and Australia.

Z Energy CEO Mike Bennetts on the next generation of directors

Advice

Z Energy CEO Mike Bennetts on the next generation of directors

Mike Bennetts has been a CEO for 15 years. He's been a director of private companies for 20 years and public companies for over 10. Mike has seen governance from both management and board perspectives. Henri Eliot asks him about about corporate governance for the next generation of directors.

Boardroom

Joining any board is an important decision. Without sufficient investigation of the company, industry and people involved, many directors accept these opportunities without sufficient reflection on the possible financial and reputational risks.

Boards

“Risk management” is often synonymous with “risk prevention.” Lower risk often means lower returns for those invested in the share market or managing a start up. Today’s risk managers often see their role as helping the company identify and clarify their risk appetite then communicate it across the oraganisation to guide decision making. What role does the board play here?

Boards

Over the years, I have personally witnessed some very unproductive board meetings that waste director’s time, management’s time and shareholders’ money. Company director productivity will continue to be a relevant topic with increased workloads, compliance issues becoming more complex and a greater focus on risk management.

Boardroom

A board whose directors are constantly bickering will not function effectively, but neither will one that never questions decisions. Rigorous debate or “creative tension” is an accepted part of the process in sound decision-making but the nature of any debate depends on the personalities within the group, the board dynamics and how well they are managed.