IN Partnership chief executive Kevin McDonagh shares his six top tips for business success at the group's 2010 Investment Conference.
1. Regulatory and corporate discipline, above and beyond capital adequacy requirements The keystone to a sound business is to ensure the corporate structure is solid and encompasses a group of directors who are experts in their particular field. Also board decisions should be reached by healthy open debate and implemented in a structured manner. For example, we ensure every board director submits a board paper prior to meetings which creates a perfect audit trail for the business on decisions made. In addition, we maintain healthy cash balances over and above the regulatory requireme...
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