Perspectives on governance & the boardroom.
A periodic series on building boards that genuinely govern — taking the one seat that earns it, the independent director, into a different room each issue, sector by sector. New issues release monthly.
Beyond the Résumé
The independent director worth having is a deliberately chosen, well-briefed, genuinely free mind — selected for the specific gap a board needs to fill, not a box to be ticked.
Where Is the Cash?
Following the money through a property business — the cash waterfall, and the questions a board should ask before the numbers do the talking.
Coming July 2026The Cost of Capital
ROCE against WACC — whether a capital-heavy business is genuinely earning its keep, and what a board must watch for when it isn't.
Coming August 2026The Worst That Can Happen
Process safety, the bowtie, and the uncomfortable scenarios a board is obliged to confront — before they confront the company.
Coming September 2026