Ethiaxe, the strength of independent advice by experienced leaders

Services to members of the Board of Directors


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You cannot improvise to be an effective and useful independent member of a Board of Directors; you need to learn to become one.

Independent directors are often brilliant entrepreneurs in their field, but relatively new to their role as an independent board member in another company. Being a seasoned expert in his field and an independent director in a company in another field are two very different roles.

Ethiaxe offers various services to independent directors:

Mentoring and raising awareness of the independent Board Member on how to act ethically in its role.
Support and assistance in complying with legal obligations, including analysis of exposure to Personal Legal Responsibility as a corporate agent.
Organizing and conducting Workshops for Board members, among others in decision-making.
Self-assessment of the Board.

Testimonial & practical case


Already during her studies in business management, Sara had a certainty:
she would create her own business and would never be a number among thousands in a large firm. By thinking about her project and the areas in which vast opportunities could open up in the decades to come, she fairly quickly concluded that the field of the environmental protection was where she would be working in. Like many young people, the question of climate change and the threats it poses to humanity has been of great interest to her. How to bring her small but useful contribution to this huge challenge? How to contribute usefully to the safeguard of the environment, while creating a business? After much thought, the field in which she chose to be active was recycling, because the huge amount of waste thrown into landfills that could be partly sorted and recycled. She created her first sorting center, organized the harvesting, sorting and shipping to the various specialized recyclers.
The gamble paid off, because Sara had found the missing link between specialized recyclers and individual and business consumers. A dozen other sorting centers were created and a few years later, the media nicknamed Sara the "queen of recycling". Sara was invited to join the Board of Directors of a very large computer firm, the world leader in matter of optical, tactile, environmental sensors. Proud to have been chosen at only 34 years of age for such a prestigious position, she accepted on the spot. Reflecting about the proposal, she realized that she had only a very vague idea of ​​the role and responsibilities of a board member in a publicly traded company. She concluded that reading legal texts was not enough.
She needed to be helped and accompanied by an expert who had "lived" on boards of directors, a mentor who could guide her first steps in a benevolent way. She knew that she would need to be coached not only before the first session, but also later in a lighter way. She decided to call Ethiaxe, of which she had heard from a friend.

Ethiaxe organized a series of intensive sessions. ETHIAXE laid out in detail and based on real situations all the legal obligations of an independent director, his obligations, his role. Other topics discussed were the decision-making mechanisms, the interaction with other members and the top management, the rights of minority shareholders, among other.

After the first meeting of the Board of Directors, Ethiaxe regularly followed up with quarterly meetings with Sara and question and answer sessions at Sara's request via video conference.

Sara successfully introduced herself into her new role as an Independent Director, making an original contribution to the discussions. Remembering the valuable help that Ethiaxe had given her in her first steps as an independent director, Sara proposed to the CEO to entrust Ethiaxe with a mission: develop and implement a self-evaluation tool for the board of directors.

Ethiaxe accepted this mission with enthusiasm. The evaluation system put in place resulted in the replacement of two directors whose contribution proved to be insufficient. Two years later, Sara was appointed to the Board's Strategic Committee, while continuing to perform with great satisfaction her role of "Queen of Recycling" in her family business.
JCF 31st March 2019

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