FT Management Briefings Ser.

Corporate governance is under the media spotlight, with the Hempel and Cadbury reports attracting headline news. As a result, there is now even more pressure on company boards to govern impeccably. The appointment of NEDs is a key strategic decision which will hopefully bring competent management and independent policing to the board. So its correct execution is vital.This broad new report avoids rhetoric and provides a balanced account of how NED's may help or hinder a company.Contents include:What is a NED? Why are NEDs suddenly so important? What are the potential benefits and drawbacks? Recruiting and inducting NEDs NED role conflict and managing expectations The NED on the board and its sub-committees