by Jonathan Foster | May 19, 2020 | Blog, Jonathan F. Foster
Environmental, social, and governance (ESG) are three related pillars of criteria used to assess a company through the lenses of ethics and sustainability. The term was first coined in a 2005 study examining these three criteria as value drivers for a business. ESG...
by Jonathan Foster | Apr 23, 2020 | Blog, Jonathan F. Foster
In its capacity as a fiduciary for shareholders that oversees a company, a board of directors should be prepared to effectively oversee the response to an extraordinary circumstance or crisis that can potentially very negatively impact a business. Crisis management...
by Jonathan Foster | Mar 17, 2020 | Blog, Jonathan F. Foster
Governance is critical for companies of every size. The maturity of a company can impact the scope and detail of a board of directors’ responsibilities. A board should grow and evolve with a business. For smaller businesses, the board is often involved in specific...
by Jonathan Foster | Feb 7, 2020 | Blog, Jonathan F. Foster
Replacing or adding a board member is a time- and labor-intensive process that starts with determining the skills an organization needs. Hopefully, a board has an existing skills matrix that shows the attributes of the existing directors. From there, the board can...
by Jonathan Foster | Jan 17, 2020 | Blog, Jonathan F. Foster
There are increasing conversations and more support from various governance organizations about term limits of generally about ten years for directors of publicly traded companies. The idea is to refresh boards and adjust for an organization’s changing needs and...
