Good corporate governance at NNIT is synonymous with the relationship between the company’s employees, management, Executive Management, and Board of Directors working appropriately, with clearly established roles and areas of responsibility.
NNIT strives for responsibility, transparency and integrity in its day-to-day management – both when we make decisions and when we communicate with our customers, partners and employees.
NNIT’s Board of Directors
The Board of Directors currently comprises six members, of whom two are employee representatives, three are executives in the Novo Nordisk Group, and one is an executive at DONG Energy A/S. The chairman is Jesper Brandgaard, CFO of Novo Nordisk.
As from 2006, NNIT’s management team holds four board meetings a year. The reason for this is to give the Board of Directors an even clearer picture of the company’s operations.
The working relationship between NNIT’s Board of Directors, Executive Management and other management is regulated by guidelines that are reviewed annually and amended to ensure they meet NNIT’s needs at all times.
To complement the board meetings, the Board of Directors receives a monthly status report that describes business-related developments and provides an updated risk analysis and the latest financial figures.
At least once every two years, the board evaluates the performance and input of the Board of Directors
and the Executive Management. On the basis of this evaluation, objectives for improvements are discussed and decided. The intention here is to ensure high quality in the board’s work and in the reports from the management.
The NNIT management team
NNIT’s Executive Management is led by Per Kogut, CEO. In addition to him, the management team consists of the heads of NNIT’s four divisions – Consulting, Solutions, Operations and Sales & Marketing – and the heads of NNIT's three staff functions.
The Executive Management is responsible for the day-to-day operation of NNIT, which includes the distribution of resources, direction and objectives.
NNIT’s objectives
The Board of Directors holds ultimate responsibility for NNIT’s financial performance, and is to work with the Executive Management and others to ensure that NNIT operates a sustainable vision and strategy, and to make sure that budgets are followed.
Every year, NNIT prepares an organisation analysis designed to establish the extent to which the composition and competencies of the organisation match mission-critical requirements.
This analysis ensures that NNIT always maintains a focus on developing the most appropriate competencies, evaluates the objectives and performance of both employees and managers, debates organisational amendments, and makes sure that the right replacements for key employees are in place.
The Executive Management and the management team are challenged annually on the conclusions of the analysis by the Board of Directions.
