United Kingdom

The Board: more than the sum of its parts

By Tim Copnell, Chairman of the UK Audit Committee Institute

Non-executive directors are expected to develop strategy and ensure the robustness of executive decisions. But they need to be recruited on the basis of their skills and behaviour not just their gender, ethnicity or social profile. 

Stewardship stretched to breaking point?

By John Hughes, Audit Partner at KPMG in the UK 

The traditional model of stewardship has taken a knock since the financial crisis. But it’s no good just blaming companies and non-execs. Society should recognise there are deeper problems that need solving. 

Ending the governance arms race

By Hugh Green, Audit Partner at KPMG in the UK

It’s fine for big organisations to comply fully with the UK Corporate Governance Code, but more entrepreneurial businesses should have the courage to explain why it doesn’t always work for them. 

The future is in 3D

By Stephen Cooper, Head of Manufacturing at KPMG in the UK

Sometimes the future is closer than we think. Futuristic concepts seem to make their way into reality faster and faster these days.

There was a lot of publicity for example around Amazon’s announcement that it was planning to trial deliveries by unmanned drones. But the use of drones is already here in the manufacturing sector.  Some companies are using drones to help carry out their stock takes.  By getting the drones to fly around in the warehouse taking photos, there is no longer a need to physically bring everything down to be counted – saving both time and money.

Networking, but not as you know it…

By Melanie Richards, Partner and Vice Chairman, KPMG UK

More than 200 of London’s most successful and aspirational businesswomen gathered in London’s Canary Wharf on Thursday 19 June 2014 for the launch of the global phenomenon Lean In.

World cup fever heats up economy

By Andrew Smith, Chief Economist at KPMG UK

Having scored five straight quarters of positive growth since the recovery began in early 2013, and with real wages starting to pick up the economy can look forward to a further boost from the World Cup this summer.

Growing consumerism and materials scarcity

By Vincent Neate, Head of KPMG’s UK Climate Change & Sustainability practice

A colleague recently had dinner with a client who described the issues of growing consumerism and materials scarcity as being like two planes speeding towards each other. Neither can be stopped in midair but it may be possible to divert their courses.

Breaking down the mental health taboo

By Nick Baber, Director & Chief Operating Officer, Financial Services Management Consulting

Four years ago it was hard enough to admit to myself or my family that I suffered from depression yet in mid February of this year I managed to ‘come out’ to all of our 11,000 UK colleagues when I and a colleague were interviewed about the mental health taboo for our staff magazine.

Why are we so unprepared for an internet blackout?

By Stephen Bonner, Partner, Information Protection

Risks associated with cyber crime and malware are prevalent in boardrooms at the moment but there is one massive IT risk that surprisingly does not seem to be on the radar despite many businesses being heavily – many totally – reliant on it.

New initiative to drive access to accountancy as a profession

By Marianne Fallon, Head of Corporate Affairs at KPMG in the UK

Accountancy as a profession makes up 1.1 percent of the total employee population in the UK. Alan Milburn, the UK’s social mobility tsar, identified it as having had the largest decline of all professions in social mobility in the twelve years up to 1970.