Eyes Wide Open

by Robyn Weatherley

Directorship in Australia is a populated club, with thousands of individuals actively overseeing the operations, governance and strategies of every sort of commercial and government enterprise, and many hundreds more endeavouring to secure their first appointment. It is important that new directors find a board where they 'fit' and understand exactly what it means to be a company director. Almost like a marriage, they have to be compatible and share the vision and culture of the organisation, as well as understand the business and the finances. Eyes Wide Open is written as a friendly, honest conversation providing first-time directors with invaluable - though often not shared - inside tips and insights about boards and company directorship. It is divided into three parts which cover: 1) Pre-appointment: all elements of due diligence, meeting the chairman, CEO and CFO, discovering the company's culture, financial and business plans and strategy 2) Invitation accepted: the board induction process, meetings schedules, board etiquette and director personalities 3) In the boardroom and beyond: expectations concerning directors' duties, offsites and events, the key relationships, educational commitments and using your intuiton. There are also handy checklists to help prospective directors with their due diligence. Eyes Wide Open is an enduring and insightful guide for all new and aspiring directors, regardless of whether the appointment is with a not-for-profit, an equal representation board, government enterprise, family-run business, tech start-up, or an ASX-listed company.

224 pages, Paperback

Published July 1, 2015

Reviews

[David]

Hard to believe but interesting. Picked it up at the library while rather busy so not likely to finish but looks good. Didn't finish in time but educational