Managing geopolitical risk in the boardroom with Diana Nestorovska

Welcome to the final Take on Board event for 2025. Dominique Hes is here to explore the innovative concept of integrating nature into boardroom governance. Dominique introduces the groundbreaking concept of treating nature as a guardian in the boardroom, inspired by a UK initiative. She explains how this approach promotes environmental responsibility within organizational governance.Dominique responded to questions from the Take on Board community. Here are a few to give you a sense of the dynamic conversation during the event.What inspired the idea of incorporating nature into the boardroom, and how do you envision it being implemented in Australia?Can you explain the legal framework being developed to govern nature and how it differs from existing corporate governance structures?What specific actions can organizations take to address their environmental risks, and how can the TNFD framework assist in that process?Links and ResourcesDominique Hes on LinkedInAll of Dominique's Take on Board episodesUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today on the Take On Board podcast, I'm speaking with Linh Do about the Take On Board accelerator program. This is a program I run, and many of you will know that earlier this year, I did a miniseries on the podcast about professional development options and forgot to do my own.Linh is the chair of the Climate Action Network Australia and AktivAsia, and a board member of the Lord Mayor's Charitable Foundation. She's also a member of the research committee at the Center for Policy Development. She was formerly on the board of the Center for Sustainability Leadership because I was on the board there as well, although I don't think we were on it at the same time. And she's been on a range of government advisory groups.Linh has a background in climate advocacy in leadership, and she's currently the director of the Wattle Fellowship at the University of Melbourne. Links and ResourcesLinh Do on LinkedInJoin the Take on Board: Accelerator group programUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today on the Take On Board podcast, I'm speaking with Diana Nestorovska about considering and managing geopolitical risk in the boardroom.Diana is Deputy chair of South Gippsland Water Corporation, and she has previously been on the boards of Melba Support Services Limited, Sexual Health Victoria and the University of Wollongong University Council. She's also been a member of the Latrobe University Human Research Ethics Committee and a public representative on the Australian Press Council.As of yesterday, Diana is a fellow of the Australian Institute of Company Directors, and she brings 20 years of experience across law, diplomacy, enterprise risk, and for-purpose leadership. She's a former Australian diplomat and has represented Australian interests in the United Arab Emirates and Qatar.Links and ResourcesDiana on LinkedInFor a macro, global outlook: World Economic Forum Global Risk Report 2025 - Lowy Institute for an Australian and Asia-Pacific OutlookFor information on Australia's bilateral relationship with specific countries, DFAT Country Briefs are a great source of informationAICD for numerous articles on geopolitical risk aimed at directors and executives - www.aicd.com.auUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

This week on the Take on Board podcast, Ari Magalhaes joined a great group of Take on Board community members to answer any and all questions about organisational turnarounds, building on her previous insights from our recent podcast episode. Ari emphasised the critical importance of understanding financial statements for board directors and outlined specific key performance indicators (KPIs) that signal potential risks within organizations.Links and ResourcesAri Magalhaes on LinkedInOmniStrategic Impact Framework Episode 225: Ari Magalhaes uses her years of experience of analysing risk and employing strategy in the boardroomEpisode 327: Ari Magalhaes knows business turnarounds and says you can tooUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today on the Take on Board podcast, I'm speaking with Fiona David about understanding modern slavery risk. Fiona is on the boards of ACCESS-NRI, Australia's climate simulator, and the Coolaroo Foundation, a philanthropic organisation, and an alternate director on the Forrest Research Foundation for Nicola Forrest. Lawyer, human rights expert, and founder of Fair Futures, Fiona, is leading the charge in helping organisations tackle issues such as modern slavery in their supply chains.Having led the creation of the landmark Global Slavery Index, she is an expert in helping companies embed ethical and sustainable practices, proving that commercial success doesn’t need to come at the expense of human rights or the environment.Links and ResourcesFiona David on LinkedInFiona on the Fair Futures websiteRecent articles that give practical insights and tips for Board Directors on understanding modern slavery risk:Why Human Rights Need to Sit at the Board LevelHow to embed modern slavery human rights due diligence into strategyThe Walk Free Global Slavery Index provides valuable country-by-country information that Board Directors will typically see referenced in their organisations' MSA statements. Upcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today on the Take on Board podcast, I'm speaking with Moira Junge about the importance of sleep for board directors. Moira was on the Sleep Health Foundation Board for six years before stepping into the inaugural CEO role. She's also an advisory board member at Healthylife. Moira is a public health advocate, a clinical health psychologist, an adjunct associate professor, and a former registered nurse.After three decades on the front lines treating mental and physical health challenges, she made the switch from intervention to prevention. Moira aims to bring clarity, credibility, and urgency to one of the most overlooked and misunderstood pillars of mental and physical health - sleep.Links and ResourcesMoira Junge on LinkedInUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today on the Take on Board podcast, I'm speaking with Giselle McLachlan about creating the future in the boardroom. Giselle is on the boards of AbacusBio and Chairs the Audit and Risk Committee of Local Government New Zealand. Grounded founder Giselle is a governance and leadership specialist. Giselle is all about down-to-earth governance and business advice, and thrives on building sustainable businesses alongside healthy leaders and lives.Giselle loves working with others who love learning, growing, and creating a better future.Links and ResourcesGrounded GovernanceGiselle on LinkedInUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today on the Take on Board podcast, I'm speaking with Ari Magalhaes about business turnarounds.Ari is on the boards of Palliative Care Tasmania, serves as Deputy Chair of Women's Health Tasmania, and is part of the Community Advisory Committee of Red Nose Australia. Ari is a global economist, non-executive director, and board advisor with a track record helping ASX private and purpose-led organisations navigate disruption and deliver measurable value.She's driven over $110 million in outcomes, a five to 10% profit uplift across sectors such as energy, health, government, and aged care. Ari helps boards and senior leadership turn complexity into clarity, whether managing regulatory change, financial pressure, emerging technologies (like AI) or internal misalignments.She designs decision systems that make tough trade-offs visible, oversight effective, and strategy executable. She'll tell you what's ahead, show you the red pill or the blue pill, and help you choose the best possible next step.Links and ResourcesEVENT: Organisational Turnarounds with AriAri Magalhaes on LinkedInOmniStrategic Impact Framework Episode 225: Ari Magalhaes uses her years of experience of analysing risk and employing strategy in the boardroomUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today on the Take on Board podcast, I'm speaking with Francie Doolan about the Small Giants Academy, Governing for Purpose program. Francie has been working with boards since her early twenties, wearing many different hats over the last 25 years.So, having to switch between lots of different mindsets is something she talks more about in our conversation. She has been a consultant from big four professional service firm reporting to listed boards. She's held management roles as CEO and CFO, reported to boards, served as a board director and board chair and acted as a committee member and facilitator.Francie sits on the board of Impact Funds Management, so it's pretty heavy on the compliance. And then also on the board of many for-purpose boards, including Small Giants Academy. Outside of the Small Giants ecosystem, Francie sits on the board of RIAA, the Responsible Investment Association Australasia, and she's a governor with WWF Australia. So, all of those years of experience and different hats and mindsets are baked into the Governing for Purpose program, which she's excited to tell us more about todayLinks and ResourcesFrancie Dolan on LinkedInSmall Giants Academy Governing for Purpose program One Minute Governance with Matt Fullbrook (Canadian governance expert) - I love that it's short, asks provocative questions, and encourages experimenting and trying new things in the board roomUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.

Today, on the Take On Board podcast, I'm speaking with Kim Sullivan about the AICD Company Directors' course. Kim serves on the board of the Kensington Neighbourhood House and is also the Chief Operating Officer of ORIMA Research, leading the people and culture, IT administration, and other enabling functions of the business.She's also a social researcher, having worked for over 20 years, conducting research for state and federal government clients. Kim is qualified in law, social science, and psychology, and lives with her family in the inner west of Melbourne. Links and ResourcesKim Sullivan on LinkedInAICD Company Directors CourseUpcoming TOB EventsAll eventsYou might want to:Join the Take on Board Facebook communityJoin the Take on Board LinkedIn communityFollow along on TwitterWork with meJoin the Take on Board: Kickstarter group programJoin the Take on Board: Accelerator group programFind out more about meContact me Hosted on Acast. See acast.com/privacy for more information.