Category: latest news

Most notably, there is a confidence deficit in the board’s ability to address key areas that appears to be growing. This widening confidence gap — increasingly evident in the year-over-year results — is only one key finding. But it’s a critical one. At a time when executives are looking for more input from their boards....

Search is a component of succession planning. A successful succession planning process will include a search to identify potential candidates and evaluate their suitability. However, “CEO search,” as used the way boards refer to it, relates directly to an emergency situation, such as the sudden or unexpected departure of the incumbent CEO....

Many boards and executive leadership teams have already embraced the premise that diversity, equity, and inclusion (DE&I) initiatives when done well can yield many benefits, from improved talent attraction and retention rates to better decision-making by inviting in more diverse perspectives...

A majority of board members worldwide (75%) agree that a coherent environmental, social and governance (ESG) strategy helps to create sustainable organizational value and stronger financial outcomes; however, many corporate directors believe there are limited resources available to help tackle the specific areas of governance and environmental issues...

The median cost per ransomware more than doubled over the past two years to $26,000, with 95% of incidents that experienced a loss costing between $1 and $2.25 million. This rise in cost coincides with a dramatic rise in frequency over the past couple of years when the number ...

Organizations are allocating millions of dollars to protecting their information assets and employees but are neglecting to take steps to safeguard the very vulnerable digital assets and lives of key executives and board members....

Protecting against cyberattacks is becoming increasingly important, and board members are not exempt from this reality. To ensure the safety of both them and the organizations they serve, it is vital that board members prioritize personal cybersecurity measures ...

A potentially demoralizing statistic is making the rounds this week: Only 29% of company leaders rate their directors’ performance as “excellent” or “good,"...

CEO succession is an important part of our client work and it is often a criterion when recruiting CFOs,” says Jaimee Eddington, regional leader of the Americas at Heidrick & Struggles, an executive search and leadership consulting firm. “Last year, our research found that 17% of North American CEOs previously held the role of CFO....

With A.I. poised to transform many industries, corporate directors can’t ignore this rapidly advancing technology. For boards and their organizations, it offers great promise but also presents daunting challenges. Directors must provide useful oversight of A.I. strategy and ensure that they educate themselves....