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Board Perspectives Library
180
October 9, 2024
Board Risk Reporting in Disruptive Times
Risk reporting to the board may not be fit for purpose in these uncertain times. Directors are trending toward expecting more dialogue, engagement and forward-looking insights based on relevant data and information. A principled approach would help.Boards and their companies face a constant and seemingly unending state of flux in the marketplace. Emergence of the...
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171
January 10, 2024
The Top Risks for 2024: Risk Priorities Are Shifting
Conducted in partnership with the NC State ERM Initiative, our global survey of C-level executives and directors highlights the influence of economic headwinds, talent issues, emerging technologies, cyber threats and geopolitical events on the 2024 risk landscape. This issue of Board Perspectives discusses the 10 highest-rated risk themes noted in…
170
December 13, 2023
Blind Spots in the Boardroom
A look back at business failures often reveals blind spots that either concealed a dysfunctional culture or led to a lack of understanding, strategic error or missed opportunities. Is the board aware of the organisation’s blind spots, and is it addressing them?We’ve all heard the adage that what we don’t know can be more damaging to reputation,…
169
November 8, 2023
Board Risk Oversight in the Age of Disruption
In these disruptive times, how should boards discharge their duty of care and duty of oversight with respect to risk when the models to follow aren’t clear? Is the board’s risk oversight process fit for purpose in today’s dynamic environment?Board engagement with risk and how it is managed has been a topic of interest for many years. While risk…
168
October 17, 2023
Freedom to Fail: Risk Appetite for Innovation
The manner that failure is embraced instead of feared in a business can improve the way the company evolves and responds to new market opportunities.
167
August 23, 2023
The Director’s Playbook for Generative AI
The big picture: So much has been written about generative AI (GenAI), it seems like a constant buzz inspiring both wonder and fear. But the value proposition is alluring. After witnessing OpenAI’s ChatGPT in action, Bill Gates said, “I knew I had just seen the most important advance in technology since the graphical user interface.”Between the…
166
August 10, 2023
Is Your Board Technology-Engaged?
With technology clearly a material driver of change, boards of larger companies are trending toward a more strategic focus on technology. Should your board be a part of that trend?Why it matters: The board community has been acknowledging the speed of disruptive innovation, largely driven by emerging technologies.Yes, but: There are also…
165
July 13, 2023
The Metaverse: The Dawn of a New Generation of Capabilities
The big picture: The metaverse has the potential to be a disruptive, expansive and transformative force, even to the point of spawning its own economy. Every board has a fiduciary duty to evaluate that potential for its company’s future. By the numbers: According to a survey of 250 global business leaders, the metaverse has the potential to…
164
June 7, 2023
Modernising Legacy Infrastructure to Increase Competitiveness: The Board’s Role
The big picture: Innovative culture, speed to market, customer focus and organisational agility are mainstays in boardroom conversations about innovation. However, these discussions should also address technological roadblocks to realising innovation initiatives.
163
May 11, 2023
A Call for Transparency Amid a Shifting Legal and Regulatory Landscape
The increasing complexity of the legal and regulatory landscape is challenging the board’s fiduciary duties. Emerging trends ushering in a call for fairness and transparency should be of paramount importance to directors. Boardroom agendas cover an array of topics but no matter the issue, there are important underpinnings to board oversight and…
162
April 13, 2023
Transforming the Business to Operate at Market Speed
As a term in business, “agile” is typically used to refer to a project management methodology, especially for software development. But there is a different, more strategic connotation of agility that merits close attention by boards as markets evolve.
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