Board leadership, crisis governance and governance in crisis
Coulson-Thomas, Colin (2019) Board leadership, crisis governance and governance in crisis. Effective Executive, XXII (3). pp. 42-58. ISSN 0972-5172
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Abstract
Many directors and boards face challenges, difficult situations, multiple threats and related opportunities. Certain of them are shared, inter-related and multi-faceted. They impact upon many areas of corporate operation, supply and value chains, a variety of stakeholders and wider communities. Unlike situations that might suddenly and unexpectedly arise, certain of the threats have also been long predicted. They represent a challenge for board leadership and they need to be addressed by a combination of activities by multiple parties over a longer-time period than emergencies that may have been quickly tackled by crisis management teams in the past. They raise questions about the adequacy of crisis governance arrangements, how directors should prepare for crises and handle them, and whether there is also a crisis in corporate governance in terms of the ability of current approaches and practices to cope with crises in the contemporary business and market context and environmental, sustainability and climate change challenges that require collective and collaborative responses.
Item Type: | Article |
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Additional Information: | This article draws upon a Theme Paper prepared by the author for the international conference element of the 19th London Global Convention on Corporate Governance and Sustainability which is organised by India’s Institute of Directors (http://www.iodglobal.com/). Further information on the convention can be obtained from: https://www.iodglobal.com/london-global-convention-2019.html. Effective Executive is a quarterly peer reviewed journal of IUP (ISSN 0972-5172) |
Uncontrolled Keywords: | crisis, crisis governance, governance, corporate governance, governance in crisis, directors, boards, boards of directors, leadership, board leadership, corporate leadership, stakeholders, contemporary business environment, sustainability, climate change, environment, crisis management, disasters, recovery, threats, uncertainty, cyber-security, innovation, digital technologies, complexity, crisis life-cycles, intelligent steering, crisis communication, stewardship, board performance, performance, relationships, board committees, delegation, participation, diversity, creativity, digital governance, sustainability governance, sustainable development, risk management, conflicts of interest |
Subjects: | H Social Sciences > H Social Sciences (General) |
Faculty / School / Research Centre / Research Group: | Faculty of Business Faculty of Business > Centre for Work and Employment Research (CREW) Faculty of Business > Centre for Work and Employment Research (CREW) > Leadership & Organisational Behaviour Research Group (LOB) Faculty of Business > Department of Human Resources & Organisational Behaviour |
Related URLs: | |
Last Modified: | 07 Oct 2019 10:25 |
URI: | http://gala.gre.ac.uk/id/eprint/25301 |
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