This is Part 2 of a 3-part series into What Makes a Great Board of Directors Who Lead From Their Heart. Today we look at TWO QUESTIONS that a great board of directors would consider when setting the annual bonus and designing executive compensation schemes so that it drives the right behaviour and has a positive impact on safe & healthy outcomes in their business.
This is Part 1 of a 3-part series where we uncover 5 principles of boardroom culture and how they can shape a culture of safety in your organisation and make you a more confident leader of safe & healthy work from the boardroom.
This week I’m using Stephen Covey’s strategy ‘Think Win/Win’, to show you how you can have greater influence over others without relying on your job title or your role in the organisation.
This is the second instalment in a 2-part series on BowTie risk assessments. Today I show you how to apply the hierarchy of controls to a BowTie risk assessment which will ultimately give you a better understanding of where to target your resources and improve your monitoring and assurance activities.
In this post I examine the BowTie risk assessment – a great tool for business leaders to help you visualise your critical risks and associated controls. When these two aspects of risk management are clear, you will be able to easily identify what you should be monitoring as part of your assurance and due diligence activities.