Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/52145
Title: Top 2018 governance concerns: #SEMTEX
Contributor(s): Adams, Michael A  (author)orcid 
Publication Date: 2018-09
Handle Link: https://hdl.handle.net/1959.11/52145
Abstract: 

  • The acronym SEMTEX relates six critical or major concerns of corporate officers for 2018.
  • New risks can emerge quickly particularly in the evolving area of technology.
  • Consider including on the board agenda space to discuss the six topics of concern for your industry/organisation
  • Top of mind for all directors, and probably most governance professionals, is negotiating the natural tensions between performance and conformance. Performance is often carefully measured by way of agreed targets or goals (and specifically linked to remuneration and bonuses). Conformance is the requirements of compliance with the laws and regulations under the local jurisdiction (in Australia this can be both federal and state/territory laws, as well as industry-specific compliance) and the corporate internal policies and procedures.

    My research, as briefly described below, demonstrates that during the financial year 2018–2019, the six critical or major concerns of corporate officers can be expressed within the acronym SEMTEX.1 Remembering #SEMTEX could help directors avoid disasters that blow up and cause corporate and personal damage. The acronym SEMTEX stands for the following six areas of critical concern for all executives and directors:

    S = strategy

    E = evaluate of risks

    M = multi-generational (diversity)

    T = technology

    E = environment (CSR)

    X = toXic culture

    Publication Type: Journal Article
    Source of Publication: Governance Directions, 70(8), p. 477-485
    Publisher: Governance Institute of Australia
    Place of Publication: Australia
    ISSN: 2203-4757
    2203-4749
    Fields of Research (FoR) 2020: 480103 Corporations and associations law
    Socio-Economic Objective (SEO) 2020: 230407 Legislation, civil and criminal codes
    HERDC Category Description: C3 Non-Refereed Article in a Professional Journal
    Publisher/associated links: https://www.governanceinstitute.com.au/resources/governance-directions/archive/issue-8-1/top-2018-governance-concerns-semtex/
    https://web.s.ebscohost.com/ehost/pdfviewer/pdfviewer?vid=1&sid=86a4382d-3a6b-4286-a371-31a7e9920f83%40redis
    Appears in Collections:Journal Article
    School of Law

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