Human resources expertise on the board aids talent retention and recruitment strategies.

Inflation, cybersecurity and SEC proposals are on the audit committee agenda.

Chief security officers must communicate cyber incidents in a straightforward, understandable fashion.

In a business landscape that is increasingly complicated by cybersecurity threats, boards should expect effective communication on the cybersecurity risk management program from company management. That communication should come from the individual most qualified to convey the information: the company’s chief security officer. 

The SEC’s proposal could affect public company approaches to strategy, talent and more.

Current board understanding of the technology is woefully low.

On a scale of 1 to 10, directors’ understanding of blockchain rates at a 4.

There are benefits for shareholders, but possible complications for boards.

In a litigious environment, directors must go beyond D&O insurance for protection.

Boards of large cap companies beware: If your company’s stock price underperforms the market, there’s a good likelihood you’re going to get sued. The bigger you are, the greater the likelihood. And it’s more likely than ever that the lawsuit will claim reputational damage resulting from the board’s failure to oversee this mission critical asset.

The disagreement between the tech giant and the social media platform goes to Delaware.

Allow shareholders a say in how companies approach ESG initiatives.

Shareholders have so many clashing viewpoints that boards and managers need to create more direct lines of communication to help determine a company’s mission.
 
For example, many shareholders, particularly institutional money managers and pension funds, urge companies to put more money behind environmental and social causes, such as cutting emissions and increasing diversity. Others, particularly individual and employee shareholders, continue to prioritize financial returns.

More than one-quarter of respondents are considering midyear adjustments.