Greatest Impact On Corporate Boards: William Lauder
“You have to lead from in front,” says the chairman of Esteé Lauder, whose board both exemplifies and helps cultivate the company’s commitment to inclusion and diversity.
“You have to lead from in front,” says the chairman of Esteé Lauder, whose board both exemplifies and helps cultivate the company’s commitment to inclusion and diversity.
Well governed organizations have vastly overperformed poorly governed ones during the pandemic. Despite the vast difference in context, this is an exact repeat of the 2008 crisis. So why has governance become such a key differentiator?
To avoid being a target, boards need to take a more active role in risk mitigation and must refresh before activists demand it.
“Focus on the things you can control,” says Ellen Kullman, who, as lead director of United Technologies, helped guide the company during a tumultuous transformation.
A review of the management thought leaders of the last hundred years offers boards some key questions that are as relevant today as they were the day they were published.
Korn Ferry research shows companies struggling to balance the need for near-term cost-cutting with the longer-term need to attract top talent.