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Trump tariff chaos: What boards need to do now
Mark Thirlwell, Australian Institute of Company DirectorsWith geopolitical uncertainty disrupting world markets, turbulent times lie ahead for boards and directors. Given the disruptive nature of the interventions in the global trading system, parallel moves to remake the global financial system should be expected to be at least as disruptive, and at least as risky.
geo political environment
governance
Redesigning the governance of culture
Julissa Shrewsbury, Australian Institute of Company Directors, 01 April 2025Culture needs to be on the board agenda at every meeting, addressed through rigorous analysis and strategic planning. In the rapidly changing and increasingly public and litigious business environment, it’s unacceptable to treat culture and a topic addressed only in a crisis.
governance
The Future of Jobs Report 2025
World Economic ForumTechnological change, geo-economic fragmentation, economic uncertainty, demographic shifts and the green transition – individually and in combination are among the major drivers transforming the global labour market by 2030.
socio political environment
governance
AI Is Testing the Limits of Corporate Governance
Roberto Tallarita, Harvard Business ReviewThe boardroom war at OpenAI, the company behind ChatGPT, has put a spotlight on the role of corporate governance in AI safety. Few doubt AI is going to be disruptive for society, and governments are beginning to devise regulatory strategies to control its social cost.
ai
governance
The Case for More Company Insiders on Boards
Bryce Tingle, Harvard Business ReviewUntil the 1970s, corporate boards were dominated by inside directors — people employed by or affiliated with the company in some way. As of 2023, Spencer Stuart research found that 85% of directors are independent.
governance
Qantas Governance Review – Insights for directors
Sean Dondas, Australian Institute of Company DirectorsThe recent Qantas Board Governance Review shone a light on key challenges at Australia’s national carrier and offers valuable governance insights for Australian directors. The review made recommendations across matters including board effectiveness, people and culture, risk, and stakeholders.
governance
leadership communications
Climate transition plans under the spotlight
Kulja Coulston, Australian Institute of Company DirectorsIn the most recent AGM season, corporate climate transitions were thrust into the spotlight when Woodside Energy’s shareholders rejected the company’s Climate Transition Action Plan. The advisory vote’s defeat raised the important question: What makes for a 'credible' company transition?
governance
stakeholder
Australia’s top boards reaching 40 per cent women
Australian Institute of Company DirectorsAnalysis of board diversity data released today by the Australian Institute of Company Directors (AICD) reveals that the ASX 20 and ASX 50 have at least 40 per cent women on boards, with rapid progress being seen across the index.
governance
workplace
A solicitor’s guide to responsible use of artificial intelligence
Law Society JournalAI systems are powerful tools and can be of great assistance in legal practice if used correctly and within the goalposts of solicitors’ ethical and professional obligations. For solicitors to be able to gauge and assess whether AI is being used within these goal posts, its recommended they have a general...
ai
governance
AI is testing the limits of corporate governance
Roberto Tallarita, Harvard Business ReviewCan AI safety shed any light on old corporate governance problems? And can the law and economics of corporate governance help us frame the new problems of AI safety?
governance