The inaugural Director Confidence Index, conducted in collaboration between Corporate Board Member and Diligent Institute prior to the public release of the President’s Covid-19 diagnosis, finds cautious optimism for the future of the U.S. economy—with caveats.
Teri McClure, an African American who serves on four corporate boards, reacts to Wells Fargo CEO Charlie Scharf’s recent gaffe and shares her views on recruiting and retaining diverse talent.
Boards should see this as an opportunity to reassess key environmental, social and governance challenges they face in the next five years and then consider how to use new metrics to communicate ESG strategy.
As the reasoning behind what CEOs earn becomes more public, greater pressure is going to fall on compensation committee members.
Four pilot projects can help build confidence, trust and rapport by gradually involving the board more deeply in key decisions and sharing more information.
Knowing the past, and how it will play today, is the best way to get ahead of reputational damage. Here’s how boards can evaluate “historical risk.”
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