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The boards of too many publicly traded companies are downright timid when considering matters involving science and technology. More often than not they focus on security and digitization—a defensive posture that overlooks the bigger opportunities emerging from new materials, space science, and a better understanding of the genome, to name just a few areas...
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/03eff634-60a1-498b-9e83-c950bdf59a28?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content While the basic rules of society in which companies operate have been transformed beyond recognition (thanks to the impact of population growth, digitisation and climate change, to name just three factors), the roles, rights and responsibilities that accrue to owners, boards and executives have not changed....
The business case for diversity has been established for some time. Companies with more diverse boards have shown that they tend to perform better financially. What’s more, organizations that are more diverse as a whole with respect to gender—from top executives and board members...
Directors reported an average of 200 hours per year on board work, a sharp drop from last year’s average of 278 hours. However year-over-year comparisons of this statistic are problematic due to significantly different sample sizes that likely influenced the averages. The 2023 number was based on a follow-up survey of 95...
In recent years, AI has rapidly transformed the business world, revolutionising everything from customer service to product development. Now, AI is making its way into the highest levels of corporate decision-making: the boardroom. As organisations globally grapple with the implications of AI ...