If there’s one thing we learned from our Board Performance Review series, it’s that board composition is what keeps the top institutional investors up at night. Ask any CEO or board member what makes their company different from their competitors, and they’ll often answer, “our people.” Yet do companies really walk the walk when it comes to investing in talent development?
Alan Guarino, Compensation Chair for The Chefs’ Warehouse, discusses how directors should approach board composition and why it’s so important for the Chief Human Resource Officer to have a seat at the senior management table. This episode addresses several questions, including:
- How can boards ensure they’re approaching talent development effectively?
- What trends are we seeing among corporate boards when it comes to talent development?
- What’s the biggest challenge facing today’s compensation committee chair?
Companies and boards are recognizing the importance of paying greater attention to talent development as both a critical strategy and a driver of long-term success.