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The legendary knight of the round table Sir Percival (or Parsifal) left home in search of the Holy Grail, finally arriving at Grail Castle where he saw the magnificent Grail Procession. However his joy was short lived as he awoke the next morning in a damp and misty field to find that everything had evaporated.
And so it can be with Board Effectiveness Reviews...
For large listed companies, governance guidelines state at least half the board should comprise independent non-executive directors. While the guidelines don’t apply to smaller growing businesses, there are compelling reasons why the right NED appointment makes sense.
...So says Sir John Parker who contributed to the Lord Davies Committee which examined the under representation of women on UK Boards. However his words “refuse light from no quarter” are more broadly directed towards the issue of diversity on boards in its widest sense.