Credit cards: the smarter approach

If there is one good thing to emerge from the Craig Thomson/HSU debacle – and surely every cloud has a sliver of silver lining – it is that a bright light has been focussed on the area of credit card control.

There are sound and legitimate reasons for organisations providing key personnel with credit cards which I strongly support: they offer flexibility and purchasing agility; can streamline the purchase of relatively inexpensive products and service; and, improve the purchase-to-pay cycles. At the same time credit cards offer organisations a clear audit trail of who bought what and when. Continue reading

Social Media – Board Perspective

I have noticed an increase in the number of articles that provide information and guidance for Board Members on the use of social media (I admit this may partially reflect my own growing interest).  Some of the discussion has been on how to provide information about ourselves appropriately (and effectively) in the corporate social media space. Continue reading

Boards and Technology

There has been some blog and notes recently around the use of technology in the board room.  Whether to use iPads or other technology to manage and communicate board and committee papers.  Whilst this is a useful development for the efficiency of the board room, I think there are more fundamental issues in relation to technology for boards to consider.

I have had a number of conversations recently in the context of strategic issues that are facing boards and have been surprised that technology has not been on the list. Continue reading