98. Jenny Knott - Compensation, breaking into new sectors and adding value as a board member
Description
Jenny Knott is NED at the British Business Bank, the UK Development Bank & SimplyHealth and Founder of FinTech Strategic Advisors Ltd. Tune in to hear her thoughts on: What was your journey into the boardroom? (1:44 ) How did you transition from internal to independent boards? (3:50 ) When you were CEO, was your board your highest return on your time invested? (6:06 ) Do board members add more value in or outside meetings? (10:10 ) Who is board performance for? (12:38 ) Can boards really perform their monitoring function? (13:19 ) What do NEDs need to understand first when they come onto FS boards? (15:45 ) Where do they go wrong? (17:52 ) How can NEDs from different sectors get their heads around unfamiliar regulations? (20:06 ) Do start-up boards have a different relationship with regulation (versus larger firms)? (24:12 ) Where do they go wrong, engaging with the regulator? (26:44 ) What are your key value levers as a Remco member? (28:15 ) What would your dream incentive structure look like? (32:45 ) Should we include debt in compensation packages? (35:05 ) And ⚡The Lightning Round ⚡(41:18 )
Host: Oliver Cummings
Producer: Will Felton
Music: Kate Mac
Audio: Nick Kold
Email: podcast@nurole.com
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom