Magazine article

Directing in a complex environment

I am excited to announce that registration is now open for the Australian Institute of Company Directors’ (AICD) 2017 Australian Governance Summit to be held in Melbourne on 2–3 March 2017.

At the inaugural Summit in March this year, more than 1,000 of Australia’s directors and governance professionals from the ASX, private business, government and not-for-profit (NFP)sectors descended on Melbourne for the two day summit, quickly establishing the event as a key fixture in the nation’s governance calendar.

Delegates heard from leading directors and governance experts including David Gonski AC FAICDLife on Directing for Performance. Breakout sessions provided the opportunity to more intimately engage with speakers and other delegates. Delegates also heard from industry experts on trends and issues facing businesses now and into the future, including tax reform; the board’s role in managing strategy and risk; driving productivity in the boardroom; and technology and disruption in action.

The business environment in Australia is rapidly evolving as pressures from around the world influence domestic activity. As organisations adjust and respond to these impacts, directors find themselves facing new and unique challenges in the boardroom. In 2017 we are pleased to bring you fresh insights and the opportunity to participate in your choice of 16 sessions led by some of Australia’s most well-known governance and business leaders.

The 2017 Summit will focus on Directing in a Complex Environment. The Summit will encourage directors and executives to consider and enhance their knowledge of the challenges and opportunities that define today’s business environment. It is a valuable opportunity to reflect on and discuss optimal responses to these complex challenges.

The Summit also provides the perfect opportunity to catch up with fellow directors, establish new connections and hear about the lessons learned by some of Australia’s leading governance professionals. Targeted sessions will be led by more than 40 of Australia’s leading authorities on governance, directorship and leadership, including Elizabeth Bryan AM FAICD, chairman of Virgin Australia, Graham Bradley AM FAICD, non-executive chairman, HSBC Bank Australia, Christine Hawkins FAICD, managing director of Cinnabar International and AICD chairman Elizabeth Proust AO FAICD.

Delegates will also hear from the Hon John Brumby, former Premier of Victoria, and the Hon Nick Greiner AC FAICDLife, former Premier and Treasurer of New South Wales, who return for the popular Policy Making for the Long-term, One Year On session. Guided by Master of Ceremonies Leigh Sales of ABC’s 7.30, the Summit will explore what it takes to direct and lead in a complex and ever-changing environment.

The AICD is uniquely placed to present the exclusive annual Australian Governance Summit. With a membership base of more than 39,000 across the NFP, private business, listed and public sectors, we understand the varied and complex governance challenges that face organisations today. I encourage you to register early for what will be a sell-out event.

The AICD is also pleased to announce the release of the 2016 AICD Remuneration Survey. Completed over the second half of 2016, the survey benchmarks respondents from across NFP, private business and ASX-listed organisations and compares them with the average fees across the same sector, industry, role type and organisation size. Results include average board chair fees and board member fees by sector and organisation size.

Members who completed the survey will receive a complimentary high-level report of the survey’s findings, while all AICD members are eligible to request up to two complimentary extracts of the data.

Last month the AICD hit a milestone of 39,000 members – cementing our position as the largest director institute in the world. We have experienced tremendous growth in recent years, with our membership expanding more than 17 per cent over the past four years. The AICD is very proud of our diverse, large and growing membership base.