Many organizations consider a CEO success profile to be a lengthy activity list, but a high-impact CEO success profile is not a job description or a Board mandate of multiple priorities. It’s smaller, tighter, easier to grasp ...
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As if they don’t already have enough on their plates, board nominating committees may now need to confront what a new report describes as a pronounced and alarming decline in the share of board members who possess business strategy experience...
Despite a fast-changing operating environment, companies should take a long-term approach to board composition, ensuring that the board has critical core competencies for long-term performance....
Key questions for directors to ask based on Rubin’s recommendations:
Does the organization maintain an incident response plan to prepare for and respond to cyber incidents? Is the organization leveraging artificial intelligence and automation to modernize security operations and reduce the burden on analysts? ...
What should board members expect from their chief information security officers (CISOs) when they’re reporting on cyber risks? And how should board members act towards their CISOs in turn? Diligent, the governance software provider...
As of Aug. 31, 107 directors at 113 companies had professional experience in cybersecurity, according to research conducted by WSJ Pro Research. Together, those directors held a total of 124 S&P 500 board seats and represented 2.3% of the directors on the boards of companies in the index...
Public companies and their boards of directors face an increasingly complex array of risks that test the resilience of corporate values, strategies, operations, and enterprise risk management frameworks. Tightening monetary policies...
One of the core duties of any board is to renew itself with an evolving set of members who together can help the company thrive into the future. Problems can arise if a board is allowed to get stale and develops a narrow range of group- thinking that misses risks and opportunities...
In the past, boardrooms were populated almost exclusively by current and former CEOs and the occasional CFO. The thinking was that a group of CEOs would have the broad experience to collectively cover any of the issues a company and management team might face. The first crack in that theory...
Nominating/governance committees today are re-focusing on the fundamentals when it comes to board composition. Spencer Stuart’s latest annual survey of nominating/governance committee chairs, conducted in the first quarter of 2023, shows how committees are shining...