External Awards Facilitation

Conference Board of Canada/Spencer Stuart National Awards in Governance

Description

These awards recognize innovativeness of Boards of companies, non-profits and other organizations. Innovation includes unique and new approaches as well as proven approaches applied to new circumstances or sectors. The connection between innovation and excellence is implicit—overall governance must be of a high order to qualify for an award.

The following examples illustrate some of the many types of achievements that have flowed from innovations in governance:

  • Board operated in an "anticipatory mode" and was able to take advantage of opportunities or mitigate risks (e.g., attending to potential takeovers, mergers, or other challenges).
  • Board provided leadership for the organization to be effective in a global business context (e.g., Board demographics, continued competitiveness in a rising Canadian dollar market, market dependency, regulatory constraints, global business, and related political risk assessment/mitigation).
  • Board engaged and created organizational strength to meet stakeholder expectations on tough issues (e.g., executive succession, compensation, etc.).
  • Board effectively managed a crisis (e.g., knew when and how a Board should move into crisis mode and become more active in a management context) followed by a smooth return to normal operation once the issue has been resolved.
  • Board provided leadership to enhance/change the business model, leading to enhanced competitiveness and results.
  • Board engaged and provided leadership on critical customer or labour issues leading to actions/policies that have resulted in a competitive edge and enhanced return.

Eligibility

The Awards recognize the governance achievements and innovations of private, public, and non-profit organizations of all types.

For further information

The Conference Board of Canada

Deadline

Mid-October (check website in August)

Return to community, national and provincial awards alphabetical listing.