18th December 2015

To pay or not to pay charity Trustees? This is the answer.

The demand for better governance, increasing public scrutiny on charity staff salaries and change, consolidation and mergers across the charity sector, means that the role of a modern Trustee is increasingly demanding and time consuming. And I support wholeheartedly that the Trustee role should be more involved, engaged and their contribution better utilised by the charity. For too long the role of charity Trustee has been focused on fiduciary compliance and organisational scrutiny, with not enough attention being paid to individual Trustee contribution and overall board performance. In fact measuring the overall performance of the organisation’s leadership (how well the Executives and Trustees combined are propelling the organisation towards its mission) is increasingly important.  Is there a consistent value-add from Trustees in being ambassadors, opening up their networks, supporting fundraising, and deploying their skills and expertise broadly for the benefit of the Executives? Alice Maynard, Chair of Scope, said last year that the cost to her consultancy business was circa £70k a year in giving two days per week to Scope.  The point that she was making was that because she is in a fortunate position to take the financial hit, not paying Trustees is detrimental to diversity as you can […]
1st December 2015

Increasing Digital Capacity on Trustee Boards –  The GetWired Report.

Back in early November as part of Trustee Week, Peridot Partners and the Social Change Agency brought a range of charity and tech/digital leaders together to discuss issues around tech/digital and governance. Knowing that the future would always be digital regardless of which sector you operate in, we wanted to know why there was specific shortage of digital and tech strategy skills on charity boards. We wanted to explore with practitioners what the sector could do about it and generate some very practical suggestions to help. We had over 50 people attend our event held at tech investor Balderton Capital. What followed was a lively discussion both around the barriers of getting tech/digital people onto charity boards, and a very thorough debate around recommendations that both the tech/digital and the charity sectors could adopt to remove these barriers. We promised – and we are proud to be – launching the full report of the discussions and recommendations here. With mobile accounting for over 50% of traffic to charities and digital fundraising increasing by a factor of 10 over the past decade, charities have had no option but to embrace digital if they want to thrive in the future. It became […]
4th November 2015

BLOG: Why Trustees’ Week is obsolete

Written by Esther Foreman and Grant Taylor 04/11/2015 This week saw the report launch of More to Give: London Millennials Networking for a Better World, part of a London-wide research project on giving commissioned by City Philanthropy. The report looks at the charitable involvement of London workers generally and reveals that networked millennial employees, i.e. those under 35, have the potential to generate £20m in cash donations a year and thousands of hours of pro-bono support by 2020. That’s just over four years away. The fact of the matter is that while the majority of those responsible for generating that amount are connected to the City of London, they are also highly connected to each other digitally. Generation Y. The future of giving, volunteering and campaigning, a generation who cannot remember a time before the internet. This week is Trustees’ Week. Trustees are people who are in charge of a charity and charities provide a vital element to society. Trustees have a responsibility in steering an organisation through the choppy waters of change to ensure that they continue to meet their charity’s mission. This includes not just ensuring that they are governed smoothly now, but that they run smoothly in the future. Central to this […]
29th October 2015

Diversity or Digital? What’s more important to your Trustee Board…

The government backed Davies Report published today suggests that a third of all Board seats should be filled by women in the FTSE 250 companies by 2020. I’m an advocate for more female representation in both executive and non-executive roles, and for proactive and positive discrimination in this area (half of board seats should be filled by women in this day and age), but as far as I’m concerned this is a secondary issue. When I think about boardroom diversity, skills and experience are the primary focus.  What will improve governance and accelerate your charity’s progress towards its goals more effectively; having a generally more diverse board or one with relevant skills and experience? Just this week Talk Talk’s share price has dipped after a recent cyber attack and customers are likely to have lost confidence in Talk Talk.  I won’t be rushing to sign up and hand over my personal details, will you?  Marks and Spencer had to close its website for two hours and it made the morning news the next day.  Charities can’t afford to lose public confidence, but this is not just about risk management and reputation, it is about staying modern and dare I say […]
2nd October 2015

Broken Fuses: Why we are going to rewire charity boards (and how the tech sector can help).

‘Trusteeship’ – the word itself conjures up stale, pale and male images of governance, legal and regulatory updates, compliance and risk analysis. But actually, having served a trustee for over 10 years, firstly for Genesis Housing Group, then for Do-it.org and now for the MS Society, I can assure you that the role is anything but. The 2- 8th of Nov sees the return of the NCVO trustee week and their annual conference. The agenda is full of governance, legal and regulatory updates, compliance and risk analysis.  In the wake of Kids Company all important stuff granted but the agenda appears to completely miss out the really important conversations; How do you get a board ready for the future? How can a board lead an organisation so that it remains relevant to the next generation of supporters and users? How can a board navigate and govern decisions around data, web spend and social media?  Where can a board helpfully direct investment for the best impact in emerging technology products? A lack of brave leadership In May this year, a report entitled The New Reality, claimed that ‘a lack of brave leadership” from chief executives and trustees is holding the sector […]
26th August 2015

Peridot Partners second year of strategic partnership with ACEVO

Peridot is pleased to be continuing as ACEVO’s Strategic Partner for recruitment. ACEVO is a community of charity and social leaders striving to develop their organisations in order to make an impact on the causes they fight for and we believe that effective executive recruitment plays a crucial role in this. Peridot firmly believe that the support ACEVO can offer charity leaders is of critical value to the sector. We have worked with ACEVO to ensure that if you would like to join the network ACEVO will waive their joining fee. ACEVO will support your personal development, your organisation and your organisation’s mission, through the following opportunities: Inspiring the charity and social leaders to be better leaders Learn and develop your skills with leadership mentoring from experienced and respected charity CEOs. Gain exclusive access to a suite of bespoke leader development opportunities such as coaching, personal development consultations and 360° assessments. Latest sector news from Charity Times and Third Sector through your free subscription. Campaigning for change by raising awareness of your mission Work with ACEVO’s Public Policy Team to give your organisation a voice to deliver change to support your mission. Shape and participate in current policy campaigns. Develop […]
15th May 2015

The Chief Executive’s role in recruitment

Recruitment is fraught with challenges and is rarely a perfect process. Assuming that you get the right people to apply, an interview situation will not always give robust insight into their style, competencies, resilience and reliability.  When recruiting at a senior level these risks are heightened and getting it wrong is potentially very damaging. The Chief Executive of a charity must have a positive influence on recruiting, both to the Board of Trustees and important staff roles, so here are some hints and tips to help you get it right. Firstly, choose your approach. Recruitment companies may not always be seen as necessary, and you may feel that you have a proposition that when advertised / or networked through your contacts will attract a good field on candidates.  If you decide not to use a recruitment partner make sure that you are using advertising and digital media appropriately to ensure that you reach the best prospective candidates and ensure that your proposition to candidates is attractive, engaging and able to reach people who are not actively job seeking.  Did you know that 9/10 potential candidates for most roles are not actively looking for a new job but would consider a […]
4th March 2015

Peridot Partners, strategic partner and sponsor of ACEVOs Pay survey 2014/15

Peridot Partners are proud to have sponsored the ACEVO Pay Survey at a time of increased transparency around Chief Executive pay.  We hope this will go some way to demystifying pay levels and can contribute to a better understanding of the demands on a Chief Executive within the charity sector.  Our main focus as a business is to support charities with the recruitment of their chief executive, senior management team members, specialist fundraisers and trustees, and we also undertake consulting and development work with Trustee Boards to help them to become more effective. Increasingly, we are being asked to undertake formal salary benchmarking processes for charities who want to understand where they sit in relation to their peers and for consideration in the budget setting processes when succession planning. Sometimes it is to ensure the retention of their executives, and at other times to ensure that they can attract the right people when recruiting. If you are considering benchmarking senior positions within your organisation, are about to recruit a  new senior member of the team or even perhaps interested to know more about your own salary and where it sits within current market trends, then we can help. We have […]