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Joining Boards: It's Not Just Who You Know That Matters

Jul 18, 2013

At WATSON, we believe that effective board recruitment goes far beyond your rolodex. We work with organizations to ensure they are building a board with appropriately diverse assets and skills, according to their industry's needs. This article supports our view of the importance of recruiting directors based on the skills and knowledge required to build a balanced board.

 

For many, a corporate directorship is a career capstone. But attaining one is far from easy. No one can say for sure how to get on a corporate board, but many people point to two routes: the first is to break into the "right" network and the second is to seek a progression of board seats that begins with, for example, a seat on a not-for-profit or community board and eventually results in appointment to a corporate board.

Both paths are problematic — neither is particularly transparent or relies on objective measures and given that many boards are stubborn bastions of white masculinity, pursuing the "right" network can be fraught, especially for women and other diverse candidates. Indeed, our research reinforces that concern: many boards still rely on their own (mostly white, mostly male) networks to fill seats.

To read the rest of the article, click here

Board Evaluation - A Window Into The Boardroom

Jul 17, 2013

Investors and other stakeholders are increasingly calling for higher levels of board transparency and accountability. In accordance with most best practice requirements laid out in corporate governance codes, many companies are now dealing with the issue by conducting regular board performance evaluations. Board evaluation is increasingly acknowledged as a vital process for improving board performance and dynamics, whatever the size, status or type of organization. If thoroughly conducted, a board evaluation has the potential to significantly enhance board effectiveness, maximize strengths and tackle weaknesses.

Here at WATSON, we have conducted board evaluations in a wide variety of sectors including public companies, governments, private corporations, public sector entities, not-for-profit organizations and major trade and professional associations. 

For further information about our board evaluation service, please contact Liz Watson at (604) 569-2071 ext. 301.

For a full article on board evaluations, click here.

 

Good Conflict Makes a Good Board

Jul 17, 2013

Boards have a responsibility to ensure they are performing at an optimal level and helping an organization perform at its best for the benefit of shareholders and stakeholders. According to an article by Solange Charas, there are two factors that contribute to high governance quality for a company - addressing conflict that occurs in the boardroom and casting a wide net while recruiting of directors. 

At WATSON, one of the ways we demonstrate our commitment to high quality governance is through our recruitment practice. We recruit directors that create a diverse, strong and balanced board for our clients by identifying potential directors who will not only add strength to the board and fit the culture, but also be willing to tackle conflict head-on.

To read the full article, click here

Come Join the WATSON Team!

Jun 3, 2013

Update: This position has been filled. 

WATSON is growing and we are looking for a new person to join our team. We are looking for an enthusiastic, dedicated administrative professional to join us as our Governance Services Coordinator. 

For more details on the position and how to apply, click here.

A Strong Response to Paying Board Nominees

May 28, 2013

At WATSON, boards are our business - so we are always "in the know" and we know that the stakes just got higher for shareholder activists. Here is an article explaining why: 

Responding to hedge funds’ efforts to give incentives to nominees to company boards, the law firm Wachtell, Lipton, Rosen & Katz in essence came over the top on Thursday in a memo distributed to clients. Signed by the leading deal lawyer Martin Lipton and seven other Wachtell partners, the memo proposes that company boards consider adopting a bylaw prohibiting shareholder activists from compensating director nominees. Excluded from this prohibition are out-of-pocket expenses and payments for indemnification.

To read the rest of the article, click here

Looking for a Manager, Indigenous Affairs - Teck Resources Ltd.

Mar 20, 2013

UPDATE: This position has been filled.

We are working with Teck Resources Ltd. to find their next Manager, Indigenous Affairs. If have a post-graduate degree, 10+ years of experience in a related sector, a strong track record as a project manager and excellent presentation skills, we want to hear from you!

You can find more details on the position and how to apply here.

Looking for a Director, Business Development - The Ledcor Group

Mar 15, 2013

UPDATE: This position has been filled.

We are working with The Ledcor Group to find their next Director, Business Development. If you have a MBA, are a strong relationship builder and an excellent communicator, and have ten+ years’ experience in a senior management role in the marine, terminal, port or stevedoring industries, we want to hear from you!

You can find more details on the position and how to apply here.

Looking for a Managing Director, Development - Canuck Place Children's Hospice

Mar 14, 2013

UPDATE: This position has been filled.

We are working with Canuck Place Children's Hospice to find their next Managing Director, Development. If you are a strategic thinker and a compelling storyteller who has an understanding of the essence and ethos of fundraising (to complement your senior level fundraising experience gained in the non-profit sector), we want to hear from you!

You can find more details on the position and how to apply here.

Looking for a Chief Risk Officer - Central 1 Credit Union

Feb 7, 2013

UPDATE: This position has been filled.

We are working with Central 1 Credit Union to find their next Chief Risk Officer. If you are a strategic and analytical thinker with a Master's degree in a related business discipline and 10-12 years of progressive experience in a risk related field, we want to hear from you!

You can find more details on the position and how to apply here

Looking for a Senior Vice President, Human Resources & Corporate Communications - Westminster Savings Credit Union

Jan 29, 2013

UPDATE: This position has been filled.

We are working with Westminster Savings Credit Union to find their next Senior Vice President, Human Resources & Corporate Communications. If you are an HR leader with 7-10 years of experience (at the VP level) in a customer focused and community-minded environment, we want to hear from you!

You can find more details on the position and how to apply here.