Podcast guest, Peter Deans, shares with Meghan Day, Diligent’s Director of Board Experience, his take on how the associated risks need to be effectively managed by boards and management.
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Gender diversity is further impacting how firms invest in a business and private boards need to further increase dedication to diversity.
When considering the preferred characteristics for board chair a company needs to evaluate the maturity of the board’s composition & risks.
Strategic board renewal requires having a commitment to the present and the future of industry, identifying the most appropriate corporate culture and taking a modern governance approach to business.
Board structure best practices entail composing a board based on their current and future needs based on what expertise they will need.