This year has been an exciting and busy year. We have had several new Board members in Pamela, Jeff, Karen and now Helen, who has been co-opted to cover an unexpected vacancy. You will see below the work we have been doing on your behalf in relation to Webinars, events, Advocate and connect, Communicating new Board positions that our members secure, Mentoring etc, which are all member benefits. Our Ambassadors of whom we have circa 20 now, with more to join, also support our members immensely in these endeavours.
Additionally, we have formed a closer bond with INBOARD, including having Peter Nietker on our board, and are working to set up additional programmes in the UK and France. These programmes supplement rather than detract from the IDP core offerings.
In Governance terms we look close to being able to set up a legal entity, open a Bank Account and thus consult on membership subscriptions. Thanks to Dominic and Karen for all their hard work. Some of our board members support not only with their work, but also pay for both services and tools needed for our operations. To de-risk our continued operations, we will move those costs into operational costs and establish partnerships and some base subscription fees. As requested at the AGM we are firming up on the IDN Value proposition, to enable members to have real clarity about what they can expect from the membership and why subscriptions will enhance our ability to add even greater value.
We are still, led by Thomas, with ICGC working on an Award or series of Awards which may we’ll attract sponsorship too, as well as further raising our profile as a body of certified Directors.
The nightmare of the year was GDPR, which gave us a real challenge in accessing membership data. Hagen and his team have done a sterling job on this!!!
To expand the reputation of our members and increase impact we have, led by Liselotte, promoted new board positions, inspired through webinars and social media and initiated a campaign to reduce usage of One Time Plastics through our board roles.
Mary has provided valuable contributions in her board role, which she has now relinquished and is now the IDN Ambassador for the Americas.
I cannot close this message without thanking Christopher, Alison and Ludo for all their hard work over the years. Without them we would not be where we are today!
My existing Board members and ICGC have also worked tirelessly to achieve our aims and the new members have rapidly got to grips with our challenges and taken on key roles in Committee as well as on the Board.
We continue to support INSEAD and ICGC in their endeavour to be a Force for Good, and will align our overarching message for next year to be “Responsible Governance for a Disrupted World“.
I wish everybody a Happy Christmas, Happy Holidays and Happy New Year as appropriate.
Helen Pitcher, OBE, IDN President
INSEAD Directors Network 2019
INSEAD Directors Network, IDN, our global and expanding network of more than 1300 international board members and corporate governance experts had a remarkable year.
As a valued IDN Member we would appreciate your feedback on the activities and benefits provided via the network in this short survey, it is confidential and will only take 5-7 min to fill in. Find the survey here. It will be your Christmas gift to us!
The remarkable year is substantiated with the impressive list of IDN members who were appointed to 87 new board positionsin more than 15 countries during first three quarters of the year.
Our 18 local IDN ambassadors across the world has organised numerous local insight and networking events, some together with the local INBOARD and with our INSEAD NAA organisations.
In addition, we have organized 7 global webinars since AGM 2018on current board topics, adding to the previous 21, where some of our own IDN members, ambassadors and board, INSEAD faculty and partners have shared their experiences.
The global webinars, soon to be available via our exclusive membership resources, covered topics as
- Technology & Blockchain impact for Board Directors
- Multi-cultural impact on Boards and Boardrooms
- Writing a Board CV – Doing Yourself justice when applying for board roles
- Sustainability in the Boardroom and investor ESG focus
- Boards role in guiding Corporate Culture for Strategy Alignment
- Innovation in the Boardroom
- Changing responsibilities for boards and audit committees
We met at the INSEAD Directors Forums in Singapore in February on the topic of Governance in the era of Regulatory and Geopolitical shiftsand in Fontainebleau in October on the topic of Boards Renewal for Transformational Governance, where we also held our AGM.
We have initiated a mentoring scheme which during 2019 included 9 mentors and 11 mentees, exchanging valuable insights.
Members have engaged in our Advocate & Connect Board Search service.
We have initiated a Board Member Pledge to Reduce One Time Plastics, which we hope will show how responsible and impactful our IDN members are. Do join the Pledge to reduce One Time Plastic Use!
IDN Members, Ambassadors and the Board contributed to 13 insightful blogposts on the topics of
- Governance in a Disrupted World
- From board oversight of strategy to creating a sustainable business
- Anticipate and manage for geopolitical, trade, corporate governance and regulatory changes
- The impact of technology on strategy & business
- Align Risk Management with Strategy and Operating Performance, Reward and Remuneration
- Accelerate Board Effectiveness
- Sustainability and ESG in the Boardroom
- A job for the girls – Chairman
- Why should boards care about culture?
- Independent External Board Reviews
- With more women as board chairs, business can better serve society
- A step change in Diversity perspective
- Governance Culture and Conduct
Contribution to thought leadership was increased, as INSEAD Professor Ludo van der Heyden and our IDN board member Chair and NED Liselotte Engstam, together with Professors Magnusson and Karlsson, researched and shared the result in the article “Innovation and Corporate Renewal also Disrupt Boards”
IDN 2020 Plans
2020 we believe will be an important year when INSEAD continue to emphasize that we need to use Business as a Force for Good , and IDN will support with our 2020 theme of Responsible Governance in a disrupted world.
Corporate Governance is continuing to align to the major trends impacting our businesses and societies as sustainability, geopolitics and digitalisation. Our President Helen Pitcher, OBE shares her insights on trends in corporate governance.
INSEAD Director Forums arranged by ICGC, brings a great opportunity to meet and network with old and new IDN Colleagues, the next one planned March 30-31 in Singapore and the 10 year anniversary IDF in October 16-17 October in Fontainebleau. We will start facilitating IDP reunion meetings for selected classes aligned with the IDFs.
With a strong base in Europe and Asia and a growing network in Americas, we are excited about INSEADs expansion with a new INSEAD hub in San Fransisco and hope to meet many of our IDN Network Members there as well.
On a quarterly basis we will share our IDN members new board appointments, and we will shortly be rolling out the IDN 2020 mentoring program with a focus on IDN members who have recently been appointed to their first board.
We will interview more of our IDN members and increase sharing of their insights and insights on current board topics in IDN blog posts. We also invite our members to volunteer on topics and blogposts.
Our popular global Webinars on current board topics exclusive for our IDN members will continue and we have a webinar already confirmed for
February 17 12-13 CET; “The Value Adding Board – the profound impact of ownership structure on Board’s work, mindset and profile” with experienced leader, board professional and author Torben Ballegaard Sorensen and IDN members.
At next years webinars we will cover topics as AI impact on boards, Non Profit Boards, Family Business Boards, Challenges for Financial Services Boards, Crisis and Communication for Boards, Leading Boards and Stakeholder Perspectives. Please let us know if you have tips or like to contribute.
and we will continue to communicate daily on corporate governance via our IDN Twitter account, helping modern board directors keep updated and be better positioned for board work in the digital era.
Listen to the partnership invitefrom our IDN President Helen Pitcher OBE, clarifying our ambition to increase collaboration with partners in several areas.
Via our exclusive member resources at our IDN website, our IDN members have access to insightsincluding videos, podcasts, articles and research, as well as webinar archives, discussion forums and more.
If this newsletter reaches you and you are not yet part of our engaging global international board director network, you can explore how to become a member.
IDN Year End message
We want to conclude our year with sharing some inspiration on topics we believe will be in focus for boards the coming year from the ICGC Series called Governance talks as
We like to thank all our engaged IDN members, INSEAD Alumni and Partners and wish you all a successful end of 2019 and a prosperous 2020!
The IDN Board
IDN Membership Benefits
* Opportunity for networking and personal branding being part of a unique network of practicing international board members and governance experts with exposure to partners
* A network of Ambassadors who facilitate and manage local and international events with networking opportunities, as well as promoting links with National Alumni Associations (NAAs) and INBOARD
* Regular international webinars on current board topics and career-related advice
Promotion of members and network in quarterly board position announcements and upcoming corporate governance awards
* A content rich website and blog with open and member exclusive sections, including access to previous webinars, and active social media sharing of governance related insights on LinkedIn and Twitter
* Advocate & Connect programme linking potential board members with positions available through the Network