HomeLeadershipBoardroom RelationshipsAlistair Darling: Strong corporate governance is vital following UK vote

Alistair Darling: Strong corporate governance is vital following UK vote

  • 2 Min Read

Alistair Darling has warned business leaders that good long-term corporate governance will be vital following the result of the UK’s EU referendum.

Featured Image

Alistair Darling has warned business leaders that good long-term corporate governance will be vital following the result of the UK’s EU referendum.

The former chancellor highlighted that the uncertain economic and trading conditions could last for several years and that businesses needed to be well prepared for potential exposure to new risks.

Delivering his keynote speech at the CFO Agenda, hosted by HRD Connect sister title Financial Director, Lord Darling noted: “Quite frankly I think you are going to need some good corporate governance over the next few years.”

He added: “This is a time when if problems are going to start re-emerging it’s going to be the when the economy slows down.

“And that’s why, the best leadership that boards can do is ensure their own organisations are properly run and they are alive to the issues to which they may becoming exposed.

“I think it’s terribly important that every organisation, especially when you’re under stress and strain, that all organisations are alive to the risks because the one thing that will add to the general fear that everything’s not right, will be when we start seeing failures in banks across Europe or companies.”

 

Alistair Darling: Boris Johnson didn’t want this result and Leave campaign has no plan

Was this article helpful?

Related Articles

Bridging the HR-to-CEO Gap for a workplace of tomorrow

The Human Resources (HR) division is the beating heart of any business. The last few years have brought many challenges for HR professionals, no...

  • Helen Dugdale
  • Sep 19, 2023

LearnScapes: Redesigning learning ecosystems to encourage people-centric innovation

Learning Ecosystems seem to be the hype of the moment. Yet HR leaders too often focus its interpretation on training employees. From a more holistic...

  • Katja Schipperheijn
  • Sep 19, 2023

Outliers and operational excellence: Rethinking our approach to knowledge worker peak performance

Operational excellence models such as Lean Production and Six Sigma have reshaped our approach to performance in manufacturing roles over the past...

  • Cole Napper
  • Sep 7, 2023

The People Analytics Method: Why TikTok's Head of Global People Analytics prioritizes context not control

If you think people analytics is a buzzword for data science applied to HR, you might not be getting the most out of your HR data. The People...

  • Justin Purl
  • Sep 4, 2023

Change management and the business-driven HR model: What can we learn from HRBP history?

Max Blumberg and Dave Millner have previously highlighted middle managers as potential sources of sabotage for successfully implementing the...

  • Max Blumberg and Dave Millner
  • Aug 31, 2023

Silo elimination, technology simplification: How business-driven HR upgrades existing HR operating models

Business-driven HR establishes a shared language, eliminates silos between all departments and divisions, simplifies the technology system HR...

  • Max Blumberg and Dave Millner
  • Aug 24, 2023

Implementing business-driven HR: Avoiding middle-management “sabotage”

In a world marked by fierce competition and limited resources, the shift towards implementing business-driven HR is no longer a mere trend but a...

  • Max Blumberg and Dave Millner
  • Aug 17, 2023

Participative strategy development: A collaborative model for talent engagement

As “The Great Attrition” suggests, in many industries attracting and retaining talent is now arguably more difficult than attracting and...

  • Jeroen Kraaijenbrink
  • Aug 1, 2023

Events

HRD Roundtable: Combating 'Quiet Quitting'…

08 June 2023
  • E-Book
  • May 12, 2023

HRD Network Roundtable: The Retention…

15 June 2023
  • E-Book
  • May 12, 2023

Manage change and drive value…

01 June 2023
  • E-Book
  • May 12, 2023