Be mindful - boardroom fatigue is real

05 June 2019 | Business

The PwC Business School is well known for training sessions in directors’ roles and responsibilities as well as corporate governance matters.

However, during the month of August the focus will shift towards “boardroom fatigue and associated risks”. This upcoming seminar will focus on offering management and directors the tools to reduce, mitigate or altogether avoid the dreaded executive burnout: expectations of executive management and board members have increased over the past decades.

Shareholders and companies rely increasingly on their corporate executives and the board of directors to deal with commercial issues and move a company into the realm of success, profit and returns.

Daily pressures in dealing with tight budgets, confusing legislation endless meetings, conflicting messages, unrealistic expectations and deadlines, excessive workloads, targets, succession planning and the ‘blame-and-shame game’ are all considered to be common stress inducers.

Physical or mental slowdown results in reduced productivity, miscommunications and in some cases, accidents. Directors and executives who display signs of irritability, cynicism, sarcasm or inability to focus or commit could seriously affect commercial decisions and negatively influence outcomes and relationships. Understanding the causes of workplace and boardroom fatigue assist you in finding ways to reduce the associated risks and improve personal and corporate performance.

When we are highly stressed and worried, we often act and react instinctively – the knee-jerk reaction. Irritation and resentment may surface because we feel threatened or just plain worn out. When we learn to manage stress, we can teach our brains to react with intent rather than through instinct. We can employ tools to work smarter and more efficient.

PwC and the Namibian Institute of Corporate Governance (NICG) offer a two-day seminar in which many professionals will address the physical and psychological fall-out from burnout. Special focus will be given to working smarter at executive level and in the boardroom to limit exposure to boardroom fatigue.

This seminar is definitely not to be missed and all interested directors, company secretaries and executive management are welcome to visit our website at http://www.pwc.com/na/events for more details.

Similar News

 

Singapore rejects Ohorongo deal

1 day - 25 June 2019 | Business

The planned purchase of a majority stake in Ohorongo Cement by Sino-Singaporean firm International Cement Group was rejected this week by the Singapore Stock Exchange....

Spotlight on blue economy

1 day - 25 June 2019 | Business

Key stakeholders met last week to begin work on shaping and finalising a blue economy policy, in an effort to ensure a framework to sustainably...

Get your pockets ready!

1 day - 25 June 2019 | Business

Justicia Shipena Standing for quality, value and service, Nictus Furnishers Namibia will host a scratch and dent auction alongside a local market on 29...

Major commercial deal for diamond vessel

5 days ago - 21 June 2019 | Business

In the largest commercial transactional deal this year to boost marine diamond recovery operations in Namibia, five commercial banks partnered in a N$5.6-billion financing deal...

Transfer pricing in a nut shell

1 week ago - 19 June 2019 | Business

The term “transfer pricing” features more and more regularly in discussions and publications on the Namibian economy and tax landscape lately.What is transfer pricing? ...

Chasing the richest of the rich

1 week ago - 19 June 2019 | Business

Namibia hopes to co-host one of the annual events of Horasis, an independent, international think tank whose meetings are often compared to the World Economic...

PM cracks the whip on SOEs

1 week ago - 17 June 2019 | Business

Prime Minister Saara Kuugongelwa-Amadhila says the state ownership of public enterprises should not be a justification for their perpetual dependency on national treasury. She said...

Be mindful - boardroom fatigue is real

3 weeks ago - 05 June 2019 | Business

The PwC Business School is well known for training sessions in directors’ roles and responsibilities as well as corporate governance matters. However, during the month...

Huge blow for insurance firms

3 weeks ago - 03 June 2019 | Business

Eight insurance companies that are challenging the constitutionality of a law requiring them to do business with the state-owned Namibia National Reinsurance Corporation (NamibRe), were...

Erindi, Ohorongo deals under scrutiny

4 weeks ago - 29 May 2019 | Business

ELLANIE SMIT The deal to purchase the Erindi Private Game Reserve through a company registered in the British Virgin Islands is among...

Latest News

Job prospects bleak

15 hours ago | Columns

There is not an iota of doubt that young Namibians have been the most conspicuous victims of the skyrocketing unemployment rate that has befallen us....

Meatco aims for profitability by...

15 hours ago | Agriculture

Meatco managed to reduce its overall losses by N$33 million during the previous financial year and plans to break even in 2019/20, before returning to...

Meatco Foundation inspects projects

15 hours ago | Agriculture

The Meatco Foundation, Meatco's corporate social investment wing, has been supporting individuals and farmers' organisations to improve farming practices, especially in communal areas, focusing on...

Ombaye Fishing boosts Dare to...

15 hours ago | Agriculture

The Dare to Care drought fund for fodder subsidies has been given a N$100 000 boost thanks to a fishing company with an open heart.Dr...

Agriculture in dire need of...

15 hours ago | Agriculture

Worth N$7.5 billion in 2017, Namibia's agriculture sector is in dire need of growth.This is according to Meatco's 2018/19 annual report, which highlighted that during...

WAD excels in community training

15 hours ago | Youth

Over 150 unemployed and police officers in Kavango West Region this month graduated from a free three-month skills training programme.The training was offered by the...

Amalwa a ninguluka

15 hours ago | Cultural

Amalwa ngashiingeyi ota hwahwameke aantu yomoshikandjo she opo ya yambidhidhe Nangolo onga omukwaniilwa gwawo omupe nonando okuli a tulwa momusholondndo gwaantu ya hetatu mboka ya...

Off to Cairo

15 hours ago | Sports

The MTC Africa Cup of Nations SMS competition produced two winners who were announced yesterday by MTC's Tim Ekandjo.Uti Tjiriange and Paulus Petaya each received...

Superstar Salah seeks first goal

15 hours ago | Sports

Superstar Mohamed Salah gets a second chance to score his first goal at the 2019 Africa Cup of Nations (Afcon) when hosts Egypt face the...

Load More