‘Beyond Regulation: the Stewardship Economy’ - the agenda of the Good Governance Forum - was presented by Tony Manwaring, Chief Executive, at the Tomorrow's Company Good Governance Forum Conference on 9th March 2011.

Boards are operating in ever more complex and challenging business environments. At the same time, their behaviour and standards are coming under increasing external scrutiny, for example through the Financial Reporting Council (FRC) and Walker Reviews in the UK. This publication champions the concept of a ‘mandate’ which sets out the ‘essence’ of the ‘character’ and distinctiveness of the company. We believe that this ‘working charter’ can help boards navigate their way through increasingly choppy waters by facilitating more effective strategic engagement: primarily between executive directors and NEDs to improve board effectiveness, but with the associated benefit that it drives communication externally with the key stakeholders, including investors, government and regulators, and society at large. Accompanying this document is a 'tool-kit' which provides an agenda for board discussions. Please download this here.  A series of case studies illustrating how the board mandate may,...

In the UK, the US and many other countries, existing board election processes mean shareholders rely almost entirely on existing board members to identify board candidates. In the vast majority of cases, shareholders have no real say over who is chosen to represent their interests and those of the company they own. Board nomination committees are sub-committees of the board itself. Over the last 10 years, Sweden has moved away from such a system.This report examines the Swedish experience of shareholders taking this key governance function into their own hands. The report also considers lessons that can be drawn for governance in the UK and other countries with dispersed shareholdings.  It  concludes with an agenda for action by listed companies, institutional investors, the Institutional Shareholders Committee  and the Financial Reporting Council. 

In the UK, the US and many other countries, existing board election processes mean shareholders rely almost entirely on existing board members to identify board candidates. In the vast majority of cases, shareholders have no real say over who is chosen to represent their interests and those of the company they own. Board nomination committees are sub-committees of the board itself. Over the last 10 years, Sweden has moved away from such a system. This report examines the Swedish experience of shareholders taking this key governance function into their own hands. The report also considers lessons that can be drawn for governance in the UK and other countries with dispersed shareholdings.  It  concludes with an agenda for action by listed companies, institutional investors, the Institutional Shareholders Committee  and the Financial Reporting Council. 

In Tomorrow's Global Talent we asked how leading global companies create value through people and challenged how we think about talent. We argued that talent is abundant, not scarce; that talent exists at every level, not just the high fliers and that the key challenge is how to inspire, engage and harness talent.In our new UK based report, we have talked with business leaders, in the UK and abroad to find out if and how businesses in the UK are coming to terms with globalisation, and with the new drivers of value creation and as a result what this means for talent management in the UK.We argue that as a nation we must pay our way through our one natural resource – the talent of our people, but that we can do this if we have a shared sense of national purpose, one which embraces the world we are a part of.  We argue that we are being held back by a 'fortress Britain' mentality - this could mean huge problems for us as a nation, whilst failing to harness the talent of our people,...