Diving for pearls: the importance of Board induction and re-induction

International Journal of Business Governance and Ethics 4 (1):40 (2008)
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Abstract

In 2003, the Combined Code emphasised two important aspects of Board contribution: the importance of induction for newly appointed Public Limited Company board members, and appropriate training and development for all directors serving on a PLC board and its delegated committees, including the Audit and Remuneration Committees. This paper explores the principles of good induction and re-induction programmes for boards of directors and trustees, and its conclusions draw on the author's previous research on non-executive contribution and her recent experience of reviewing board and committee performance and effectiveness through Boardroom Review

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