This is the second of two 'turn-of-the-year' posts written in my alter ego of "Wise Owl" guest blogger for the MemberWise Network Blog. Both are written with the Chief Executives and senior managers of non-profit organisations in mind.
We learn today that, following recent shocking revelations about the activities of those at the top of the Co-operative Group, former Treasury Minister Lord Myners has been appointed as an independent non-executive director to the board. He will bring his extensive experience in business and public life to the problems the organisation is currently dealing with and will head up its review into the way the organisation is run. In an interview he tells us that, in real terms, the various parts of the group are functioning well but concerns remain over the governance standards and structures which have evolved over time including the make-up of the board, appointment processes and how it is chaired. There is, he says, a realisation that they need to modernise and that legacy issues have contributed to current issues.
For those of us working in non-profit organisations, did this ring a few recognition bells?Read More