Manage episode 268937701 series 2681625
By 3YS Owls Governance Consultants, Ainslie Cunningham and Deb Anderson, 3YS Owls Governance Consultants, Ainslie Cunningham, and Deb Anderson. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In this episode of YS Up Governance and Boards Podcast, 3YS Owls Governance Consultants, Ainslie Cunningham and Deb Anderson explore with Craig Manson his wealth of experience as a Company Board Director and Advisory Board Chair and Managing Director/CEO across Technology, Consumer Goods, FMCG and Financial Services; customer engagement; compensated and uncompensated risk; risk vs. value creation; go-to-market and some of the current challenges facing boards and directors.
“Uncompensated risk is the usual characters isn't it. It's a financial work health and safety, those types of risk. Cyber risks, brand risk, reputational risk, those types of things which boards 100% have to be all over all the time. And you just there's no escaping the fact that those uncompensated risks have to be managed and mitigated incredibly well. That's the board's role. It’s the compensated risks that I often see boards not really focusing on, which is that value creation. Drucker was always talking about: “you have to take certain kinds of risks” because you’ve got to take risks to grow business, and it's the uncompensated risk that lead to higher revenue, higher profits, better ways of doing business, high valuations for organisations. By doing different and unique things, they're compensated risks that I feel don't get enough attention on boards and deserve a lot more attention."
– Craig Manson
Summary of episode
· Compensated and uncompensated risk
· Cyber risk, brand risk, reputational risk
· Customer experience (CX)
· Governance boards v Advisory boards
· Virtual board meetings
· Commercial ‘go-to-market’
· Mentoring Tech start-ups
About Craig Manson
Craig is an experienced Company Board Director and Advisory Board Chair with over 10 years board experience across the private sector and 20 years’ experience at Managing Director/CEO level in Technology, Consumer Goods, FMCG and Financial Services. This included 5 years on the Global Strategic Planning team for a $35bn global tech company. Key areas of expertise;
· Commercial ‘go-to-market’
· Culture and leadership
· Strategy development and delivery
· Customer engagement
· M&A and capital raising
· Change, growth, transformation
Craig currently sits on the Boards of Marketboomer Pty Ltd, Toustone Pty Ltd, Alex Pty Ltd (interim Chair) and Respond Global Pty Ltd. Craig is on three Advisory Boards.
In addition to the Board roles Craig owns a boutique advisory firm Manson & Co. specialising in commercialisation and go-to-market, strategic transformation, and general advisory work across Australia, Europe, Asia.
Craig mentors start-ups in the local community at the Peregian Tech Hub and globally through Earth Tech Ventures and sits on the Earth Tech Ventures Investment Committee.
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About Us - 3YS Owls – Governance Consultants
3YS Owls are a corporate governance firm and incorporated legal practice who specialise in providing a variety of services and solutions across corporate governance, company secretary, board advisory, strategy, risk and business consulting. Contact the team today to see how we can help you.
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YS Up - Governance and Boards Podcast is an easy to understand educational podcast covering hot topics in governance, risk, latest regulatory changes and issues keeping directors and executives awake at night. A practical guide to assist in navigating the complex regulatory minefield, increased public scrutiny, erosion of trust, climate change, modern slavery, non-financial risks, systemic cultural problems and other challenges facing companies in Australia in 2020 and beyond. Are you a company secretary, director, board member, C-Suite, executive or senior manager with an interest in governance, risk and regulatory change? Then this is the podcast for you!