BoardEx
Encyclopedia
BoardEx is a business intelligence service used as a new business development tool and as a source for academic research concerning corporate governance
and boardroom processes.
BoardEx holds in-depth profiles of over 400,000 of the world's business leaders and its proprietary software
shows the relationships between and among these individuals. This information is updated daily. Its Relationship Capital Management platform can be sited behind a client's firewall, giving complete security.
BoardEx is a subscription-based service established originally in 2001 by Management Diagnostics Ltd in the UK that has since grown to North America and Asia.
of the service to show investors. The product was developed with the help of Professor David Norburn, head of Imperial College Management School, Professor Donald Hambrick from Columbia Business School
, and Professor Brian Boyd of Arizona State University
. Boardex launched in 2001, and marketing for the service began in April 2002. An office in the United States
was opened in early 2003. In May 2003, the Financial News
said that "BoardEx is well placed to become a commanding force in the world's boardrooms." BoardEx received a boost in clients after the Higgs review on the effectiveness of non-executive directors was released in the UK. The company was privately funded until mid 2008 when Goldman Sachs
took a minority interest.
information concerning the board of directors
and senior management
of publicly quoted and large private companies. Since the data changes regularly, the database does not rely on annual report
s.
Each company is represented by a Company Summary page, summarising the Executive Director
s, Non-Executive Director
s and Senior Managers, the Board structure, remuneration, committee members and board movements.
Each individual profile has information on remuneration
, including salary
, bonuses, and incentive pay, and relational data, including education, notable achievements, other boards an individual is involved in, and the individual's age and experience compared to the sector. The database contains the name of current and past organisations, positions held and, wherever verifiable, the start and end dates of the association. This results in the creation of a network matrix qualified by organisation and dates. The data is updated daily as share
prices affect compensation information, such as incentive pay.
The service presently includes information relating to over 760,000 organizations, and profiles of 450,000 directors and senior managers. The database is predominantly focused on North America, Europe and Australasia. Its proprietary software shows over 95 million first-degree relationships between and among these individuals.
BoardEx is not "self referential". Each person in the database is individually researched as a result of their connection at senior level with a major company.
for the name BoardEx is derived from the words boards and executives which makes up the core information within BoardEx.
, with offices in New York
and one research center in Chennai, India.
Corporate governance
Corporate governance is a number of processes, customs, policies, laws, and institutions which have impact on the way a company is controlled...
and boardroom processes.
BoardEx holds in-depth profiles of over 400,000 of the world's business leaders and its proprietary software
Proprietary software
Proprietary software is computer software licensed under exclusive legal right of the copyright holder. The licensee is given the right to use the software under certain conditions, while restricted from other uses, such as modification, further distribution, or reverse engineering.Complementary...
shows the relationships between and among these individuals. This information is updated daily. Its Relationship Capital Management platform can be sited behind a client's firewall, giving complete security.
BoardEx is a subscription-based service established originally in 2001 by Management Diagnostics Ltd in the UK that has since grown to North America and Asia.
History
Management Diagnostics Ltd, also known as BoardEx, was originally registered in 1999 in the UK. The company spent ₤2 million on a prototypePrototype
A prototype is an early sample or model built to test a concept or process or to act as a thing to be replicated or learned from.The word prototype derives from the Greek πρωτότυπον , "primitive form", neutral of πρωτότυπος , "original, primitive", from πρῶτος , "first" and τύπος ,...
of the service to show investors. The product was developed with the help of Professor David Norburn, head of Imperial College Management School, Professor Donald Hambrick from Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
, and Professor Brian Boyd of Arizona State University
Arizona State University
Arizona State University is a public research university located in the Phoenix Metropolitan Area of the State of Arizona...
. Boardex launched in 2001, and marketing for the service began in April 2002. An office in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
was opened in early 2003. In May 2003, the Financial News
Financial News
The Financial News, is a financial newspaper and news website published in London. It is a weekly investment banking, fund management and securities industries newspaper, published by eFinancial News Limited. Financial News was founded in 1996....
said that "BoardEx is well placed to become a commanding force in the world's boardrooms." BoardEx received a boost in clients after the Higgs review on the effectiveness of non-executive directors was released in the UK. The company was privately funded until mid 2008 when Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
took a minority interest.
Features
BoardEx consolidates public domainPublic domain
Works are in the public domain if the intellectual property rights have expired, if the intellectual property rights are forfeited, or if they are not covered by intellectual property rights at all...
information concerning the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
and senior management
Senior management
Senior management, executive management, or management team is generally a team of individuals at the highest level of organizational management who have the day-to-day responsibilities of managing a company or corporation, they hold specific executive powers conferred onto them with and by...
of publicly quoted and large private companies. Since the data changes regularly, the database does not rely on annual report
Annual report
An annual report is a comprehensive report on a company's activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance...
s.
Each company is represented by a Company Summary page, summarising the Executive Director
Executive director
Executive director is a term sometimes applied to the chief executive officer or managing director of an organization, company, or corporation. It is widely used in North American non-profit organizations, though in recent decades many U.S. nonprofits have adopted the title "President/CEO"...
s, Non-Executive Director
Non-executive director
A non-executive director or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way...
s and Senior Managers, the Board structure, remuneration, committee members and board movements.
Each individual profile has information on remuneration
Remuneration
Remuneration is the total compensation that an employee receives in exchange for the service they perform for their employer. Typically, this consists of monetary rewards, also referred to as wage or salary...
, including salary
Salary
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis....
, bonuses, and incentive pay, and relational data, including education, notable achievements, other boards an individual is involved in, and the individual's age and experience compared to the sector. The database contains the name of current and past organisations, positions held and, wherever verifiable, the start and end dates of the association. This results in the creation of a network matrix qualified by organisation and dates. The data is updated daily as share
Share (finance)
A joint stock company divides its capital into units of equal denomination. Each unit is called a share. These units are offered for sale to raise capital. This is termed as issuing shares. A person who buys share/shares of the company is called a shareholder, and by acquiring share or shares in...
prices affect compensation information, such as incentive pay.
The service presently includes information relating to over 760,000 organizations, and profiles of 450,000 directors and senior managers. The database is predominantly focused on North America, Europe and Australasia. Its proprietary software shows over 95 million first-degree relationships between and among these individuals.
Uses
- Users can compile lists of their direct connections (first degree) and use these to identify connections to others (second degree) and in turn their connections (third degree).
- Lists can be created of an organisation's client companies or individual contacts, as well as target lists of companies or individuals, and connections between these can be discovered, opening up opportunities for personal introductions and referrals to new prospective clients.
- Searches can be made to identify potential candidates for Executive and Non-Executive board positions.
- Details of board structures, practices, remuneration, diversity, stability and characteristics can be obtained for purposes of academic research and corporate governanceCorporate governanceCorporate governance is a number of processes, customs, policies, laws, and institutions which have impact on the way a company is controlled...
.
BoardEx is not "self referential". Each person in the database is individually researched as a result of their connection at senior level with a major company.
Name
The etymologyEtymology
Etymology is the study of the history of words, their origins, and how their form and meaning have changed over time.For languages with a long written history, etymologists make use of texts in these languages and texts about the languages to gather knowledge about how words were used during...
for the name BoardEx is derived from the words boards and executives which makes up the core information within BoardEx.
Locations
BoardEx is headquartered in LondonLondon
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, with offices in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
and one research center in Chennai, India.
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See also
- Business networkingBusiness networkingBusiness networking is a socioeconomic activity by which groups of like-minded businesspeople recognize, create, or act upon business opportunities. A business network is a type of social network whose reason for existing is business activity...
- Professional network
- Network effectNetwork effectIn economics and business, a network effect is the effect that one user of a good or service has on the value of that product to other people. When network effect is present, the value of a product or service is dependent on the number of others using it.The classic example is the telephone...
- Network scienceNetwork scienceNetwork science is a new and emerging scientific discipline that examines the interconnections among diverse physical or engineered networks, information networks, biological networks, cognitive and semantic networks, and social networks. This field of science seeks to discover common principles,...