Boards Provide Vital External Perspective That’s Key To Managing Uncertainty
Directors can be particularly helpful in looking across industries, taking lessons from others and helping CEOs apply them to their specific context.
Directors can be particularly helpful in looking across industries, taking lessons from others and helping CEOs apply them to their specific context.
The current crisis may be proving the theory that bucking the specialist director trend was, and is, the right way to go.
As pressure mounts for companies to end business shutdowns and begin operating as close to normal as possible, directors need to be aware of their risk.
Conversations with CEOs across a range of industries shed some light on what corporate leaders are focused on as they face down the global crisis.
Businesses may feel compelled to focus on the short term, but given stakeholder interest, putting off long-term ESG initiatives could cause irreparable harm.
Boards have known for some time that investors want to see ESG progress, but standards for communicating efforts have been lacking. That may be changing.