For directors, it’s essential to understand a company’s finances and anticipate future obstacles.

In a McKinsey & Co. survey of 1,597 public company directors in 2011, 34% of directors said they did not understand "industry dynamics" and 26% did not understand how the company created value. Just 10% said they knew the industry, and only 16% knew how the company created value. McKinsey studies through this July reinforce these numbers and conclude, "few say their boards are better at creating long-term value."

Success with sustainability requires directors to drive bold action in a decisive fashion.

The practice will only grow as disclosure of climate-related data becomes more commonplace.

Advanced preparation and optimal board personnel are key if you want to avoid a cyber crisis. 

We exist in an age of heightened data sensitivity, but that is the price of doing business in an increasingly globalized and digitized world. Connectedness is the reward; hyper vigilance is the price. For companies large and small, this means cybersecurity can no longer be outsourced. Instead, it must be internalized within an organization’s DNA. 

There is now more flexibility for Delaware corporations to delegate equity award grants to management – should they use it?

The need for hiring and retaining key employees has pushed HR to the leadership forefront.

The pandemic brought on the rise of several workforce issues that sat below the surface for many years. Now these issues can’t be ignored, since the environment has become more complex, with some employees experiencing burnout, while others are choosing to disengage or rapidly switch jobs. Then there’s the problem of cultural unrest, with employees increasingly seeking employers who stand behind them on a range of social issues.  

Crisis management and the ability to be strategically agile are top priorities for boards.

A survey finds CISOs can bring needed technology experience to board.

To lead change, directors must become more conversant in artificial intelligence.

Preventing cybersecurity incidents means knowing how the company manages risks and protects sensitive data.

Not all board members have cybersecurity expertise, but all can play a vital role in protecting their company’s sensitive information. It comes down to asking the right cybersecurity questions of the company’s chief information security officer (CISO), including questions on risk frameworks, threat actor profiles and appetite for customer friction.