Evaluating the Governance Capacity of America’s Boards
Today’s boards are under more scrutiny now than they have ever been. Yet, the role of a company’s board is also more complex than ever before. Boards must ensure the high performance of the management team, work diligently toward long-term company health, and act in the best interests of shareholders. Additionally, they must remain aware
Read More
How to Land a Non-Executive Director Role
People seek out non-executive director (NED) roles for various reasons. Some wish to fast-track their post-executive career once they enter the retirement stage, or they want to round out their portfolio career. Others are looking for new and challenging experiences, want to broaden their network, or are hoping to elevate their status. Whatever your reasons
Read More
Navigating the ESG Crossroads: Why It’s Time to Take ESG to the Next Level — and How to Get There
The concept of corporate sustainability initiatives is not new. Companies have long been questioned about environmental commitments and social justice concerns. However, there’s little doubt that environmental, social, and governance (ESG) issues are playing much more of a strategic role in today’s corporate landscape. From M&A decisions to capital access, the collective corporate voice is
Read More
8 Questions Every Board Should Ask About the Company, the Leadership & Itself
Being a member of a board of directors in today’s business landscape is tough. From shareholder activists to demands from the public about ESG disclosures, corporate governance is constantly scrutinized and has become increasingly challenging as more responsibility is added to board members’ plates. Still, with so much responsibility at the roundtable and seemingly insufficient
Read More
The 4 Pillars of the Post-Pandemic Board of Directors
The post-pandemic business landscape has evolved. As a result, corporate boards must change, too. However, many boards continue to struggle in areas that are key to company growth in the new era. As news cycles have shifted their focus and the world attempts to return to some sense of normalcy, four distinct pillars have emerged
Read More
Why CEOs and Succession Plans Fail — and the Unconventional Path to Getting It Right
If you read recent business headlines with any sort of regularity, one trend has become crystal clear — CEOs are leaving at an unprecedented rate. In May 2023, the number of CEO exits hit their highest total (224) since 2002. Departures of those occupying the top executive spot are up nearly 50%, while average CEO
Read More
4 Signs Your Board of Directors Needs a Culture Overhaul
While culture is an afterthought in some boardrooms, members may not realize that it permeates everything they do. From the way they build relationships to whether members feel comfortable speaking up when something isn’t right: With that, one key question follows — how can a board get comfortable tackling sensitive issues if mistrust and misaligned
Read More
How to Use Your Social Skills & Ambition to Find the Right Candidates for Your Board
For some organizations, particularly public corporations and nonprofits, having a board of directors is necessary. However, although the law may dictate that you have a board, there are no rules governing how effective your board must be. Ensuring that a board of directors works well together and steers the company in the right direction is
Read More
Are We Headed for an Executive Hiring Crisis?
The Great Resignation made headlines in 2021, with scores of employees leaving their jobs amid the pandemic and societal upheaval. But while these issues have receded, another crisis looms in the distance—the upcoming executive labor shortage as baby boomers leave the workforce. Baby boomers, generally defined as people born between 1946 and 1964, play a
Read More
4 Criteria to Help You Find Your Next CEO
Hiring a CEO is a time-consuming process, especially considering the time spent on succession planning and developing a potential candidate before a new CEO even gets into the seat. Even with careful preparation and selection: These failures are costly; when the wrong candidate is chosen, it impacts businesses negatively. However, in many companies, it’s unclear
Read More