Large companies devote plenty of attention and resources to succession planning, yet a PwC study finds that $112 billion in shareholder value is lost annually because companies pick the wrong people to lead them. The “obvious” choice…
Essential reading to keep you informed
In the library you will find news, information and guides from Spectrum. Also our Board Chair Report, based on Spectrum’s research of the views and experiences of board chairs, investors and CEOs in fast growth, privately held businesses.
We have also included published information from other organisations which we found to be particularly interesting and relevant, and that we hope you enjoy reading.
Welcome to the Summer 2019 issue of the Spectrum Quarterly. Stay up-to-date with Spectrum’s latest case studies, events and news here: Quarterly Update. If you would like to be added to our mailing list to receive…
“I’m doing the right thing because I sleep better at night,” says an exhausted-sounding Julian Richer, after a momentous week in which he won plaudits for handing control of his Richer Sounds business to staff.
For once though, the entrepreneur’s good deeds have cost him sleep. The 60-year-old has been up all night after being engulfed in a media storm after the Guardian revealed he had transferred 60% of his shares to a John Lewis-style trust.
Should the Government think about an ambitious plan to bring more BAME minorities, (BAME – Black, Asian, and Minority Ethnic, used to refer to members of non-white communities in the UK) into Britain’s boardrooms?
The aim could be for one in five directors of FTSE 100 companies to be from a BAME background. Lord Davies’ review into women in the boardroom, which began in 2011 and has had some success in increasing the numbers of women in senior business roles.
But is this a good thing and do we need quotas?
A lot of companies struggle with two apparently unrelated problems: disengaged younger workers and a weak response to changing market conditions.
A few companies have tackled both problems at the same time by creating a “shadow board” — a group of non-executive employees that works with senior executives on strategic initiatives.
Each company has its own “culture” – the values and norms that define what is and isn’t appropriate behavior for the organization. Culture guides how you work, and a healthy one enables companies to attract and retain highly motivated employees and unite them around a common goal, purpose, or cause in pursuit of sustainable performance.
No one has a bigger impact on new employees’ success than the managers who hired them. Why? Because more than anyone else the hiring manager understands what his or her people need to accomplish and what it will take — skills, resources, connections — for them to become fully effective.
Strong value creation in the TMT sector benefits the overall economy, as technology and digitization pervade even the most basic industries. Digitization is creating the same sort of fundamental shift that occurred a century ago with electrification, only exponentially faster.
The transition from executive to non-executive is a particularly interesting one – one which requires an evolution from a leadership role to one requiring stewardship, guidance and, perhaps most important, mediation – aligning the interests of key stakeholders.
Companies increasingly rely on diverse, multidisciplinary teams that combine the collective capabilities of women and men, people of different cultural heritage, and younger and older workers. But simply throwing a mix of people together doesn’t guarantee high performance; it requires inclusive leadership — leadership that assures that all team members feel they are treated respectfully and fairly, are valued and sense that they belong, and are confident and inspired.
Welcome to the Spring 2019 issue of the Spectrum Quarterly.
Stay up-to-date with Spectrum’s latest news and views, plus details of current executive searches.
In this second and concluding part Talis Capital reveal some of the companies who are redefining the sector and what tools they’ve brought to market to transform the digital patient journey.
In January of 2019, The Predictive Index™ surveyed 156 CEOs, presidents, and chairpeople. They asked a slew of questions that cut to the heart of what drives them, what their challenges are, and what keeps them up at night. Their answers revealed the patterns of high-performing CEOs and allowed us to explore the executives’ inner thoughts and biggest weaknesses.
The global healthcare sector is notorious for being expensive and inefficient with traditional providers struggling to cope with modern day industry dynamics.
It is no surprise that more than one-third of skills that are considered important in today’s workforce will change five years from now.
By one popular estimate, 65% of children entering primary school today will ultimately end up working in completely new job types that don’t yet exist.
Technologies – from smartphones to cloud to video to the internet – usually arrive in pairs: a “strong” form and a “weak” form. Strong technologies adapt the world to themselves, building from first principles; weak technologies, on the other hand, adapt to the world as it currently exists.
Did you receive the latest edition of our Quarterly Update containing Spectrum’s latest news, views and career opportunities?
The Tech Talent Charter (TTC) was founded by a number of organisations across the recruitment, tech and social enterprise fields and was supported in the government’s policy paper on the UK Digital Strategy in March 2017.
The initiative was established to encourage organisations to deliver greater parity amongst their technical staff. The TTC is for organisations of all sizes, from start-ups to large multinationals, spanning all industry sectors from entertainment to banking.
Bibblio, with Media Voices, What’s New In Publishing and Sovrn Holdings put on ‘The Present & Future of Publishing’, an event exploring key industry developments in 2018, and a look forward to what will be making headlines in 2019.
Head of investments at London’s BGF Ventures, former LOVEFiLM and Mothercare CEO, and ex-chair of Moo.com, Simon Calver, on how tech founders should manage boards.