98. Jenny Knott - Compensation, breaking into new sectors and adding value as a board member

Jenny Knott is NED at the British Business Bank, the UK Development Bank & SimplyHealth and Founder of FinTech Strategic Advisors Ltd. Tune in to hear her thoughts on: What was your journey into the boardroom? (1:44) How did you transition from internal to independent boards? (3:50) When you were CEO, was your board your highest return on your time invested? (6:06) Do board members add more value in or outside meetings? (10:10) Who is board performance for? (12:38) Can boards really perform their monitoring function? (13:19) What do NEDs need to understand first when they come onto FS boards? (15:45) Where do they go wrong? (17:52) How can NEDs from different sectors get their heads around unfamiliar regulations? (20:06) Do start-up boards have a different relationship with regulation (versus larger firms)? (24:12) Where do they go wrong, engaging with the regulator? (26:44) What are your key value levers as a Remco member? (28:15) What would your dream incentive structure look like? (32:45) Should we include debt in compensation packages? (35:05) And ⚡The Lightning Round ⚡(41:18) 

Host: Oliver Cummings

Producer: Will Felton

Editor: Alex Fish

Music: Kate Mac

Audio: Nick Kolt

Email: podcast@nurole.com

Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom