Higgs report to force radical rethink on choice of directors

first_imgHiggs report to force radical rethink on choice of directorsOn 11 Mar 2003 in Personnel Today Comments are closed. Previous Article Next Article Employers will face significant resourcing problems as they try to implementthe recommendations from the Higgs review on non-executive directors. This will be the message from recruitment expert Betty Thayer, chiefexecutive of Exec-appointments.com, at an Institute of Directors conferencenext week. The independent review into the role of directors by Derek Higgs publishedlast month concluded that the pool of people sitting on UK boards should bewidened and that half of company directors should be non-executive. Thayer will warn companies that they need a radical re-think of the criteriafor appointing directors if they are to fulfil their new obligations. She will argue that introducing the recommendations would require a majorcultural shift, with directors moving away from the ‘old boy network’ attitude.”Board members will have to be much more open-minded and considerappointing younger people who can bring valuable experience of modern businesspractice such as new technology and e-commerce,” she said. www.execappointments.com/non-exec Related posts:No related photos.last_img read more