An Insight into Non-Executive roles – Tony Keohane
We had a very thought-provoking discussion on non-executive roles at our recent virtual Members’ Meeting with Ervia and Repak Chairman Tony Keohane. A few of the many key points were:
The transition from an executive to a non-executive role should not be underestimated. It is important to spend the time to acquire a deep understanding of the business. Setting the ‘tone from the top’ is extremely important.
Understand that the role of a non-executive is to encourage and support the leadership of the organisation. Keys decisions can be challenged appropriately if the foundation of encouragement and support is in place.
The necessity of staying focused on the long term and strategic issues as a board member despite the challenges of current events such as Covid-19.
It is often necessary to lean against the natural rhythm of the business i.e. if the natural rhythm is to make quick decisions and move on then as a non-executive one should take the time to consider the wider picture.
The importance of a chairman getting the appropriate skills mix and diversity onto the board as the board members are rotated.