Top Concerns for Public Company Directors: AI, ESG, and Human Capital
NACD Blog | Corporate Board Leaders' Blog
by Natalie Heavren
10M ago
Economic, political, and social issues are front of mind for public company directors across the country while artificial intelligence (AI) is rising to the top of many boardroom agendas. NACD found that AI is one area where there is a considerable gap between the opportunities and the expertise necessary. For example, 95 percent of directors surveyed in the 2023 NACD Public Company Board Practices and Oversight Survey believe that the adoption of AI will impact their businesses. Only 10 percent believe their management teams are highly proficient with AI tools and less than one third regularl ..read more
Visit website
Assessing the Risks and Opportunities of Generative AI
NACD Blog | Corporate Board Leaders' Blog
by John Rodi and Cliff Justice
10M ago
The early months of 2023 have highlighted the startling advances in the development and use of generative artificial intelligence (AI)—the promises and perils of the technology—and its ability to create new, original content such as text, images, and videos. Generative AI has been a focus of discussion in most every boardroom, as companies and their boards are seeking to understand the opportunities and risks posed by the technology, a challenge given the pace of the technology’s evolution. While generative AI is still in its infancy, it is gaining rapid momentum and entering the mainstream. W ..read more
Visit website
Creating Space on the Board for a Chief Human Resources Officer
NACD Blog | Corporate Board Leaders' Blog
by Jannice L. Koors
10M ago
“Our people are our greatest asset” is a nearly unanimous sentiment in corporate America. And yet, in a review of the largest publicly traded companies in the United States, Pearl Meyer found that less than half (41%) list human capital management (HCM) or similar expertise or experience in their proxy-disclosed board skills matrices. Furthermore, our review of the proxy-disclosed biographies found that even fewer board members cited specific HCM-related experience or expertise. So, if retention, development, employee engagement, corporate culture, and the like are truly mission-critical, why ..read more
Visit website
Unveiling the Business Risk: Why Board and Executive Engagement in DE&I Matters
NACD Blog | Corporate Board Leaders' Blog
by Chuck Gray, Cynthia Soledad, Anna Natapova, and Blair Jones
11M ago
Many boards and executive leadership teams have already embraced the premise that diversity, equity, and inclusion (DE&I) initiatives when done well can yield many benefits, from improved talent attraction and retention rates to better decision-making by inviting in more diverse perspectives. What is less discussed is that the absence of well-run DE&I efforts is a business risk. The absence or misalignment of well-executed DE&I initiatives can introduce unintended challenges, potentially derailing the achievement of objectives. For example, if your organization publicly signs on to ..read more
Visit website
How Directors Can Optimize Shareholder Engagement in 2023
NACD Blog | Corporate Board Leaders' Blog
by Kris Pederson
11M ago
In today’s proxy landscape, investor engagement is increasingly key to understanding and addressing shareholder voting outcomes and potential areas of vulnerability that activists could exploit. Investor voting decisions have become more nuanced, universal proxy rules have raised the stakes for getting engagement right, and ongoing economic and market uncertainty put the company’s governance and strategy under additional scrutiny. Board oversight of and, when appropriate, participation in engagement discussions can enhance the success of these efforts. Notably, 93 percent of Fortune 100 compan ..read more
Visit website
The Metaverse: The Dawn of a New Generation of Capabilities
NACD Blog | Corporate Board Leaders' Blog
by Jim DeLoach
11M ago
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. We define the metaverse as “a collective of virtual-reality shared spaces, where users interact with a computer-generated environment as well as other users… in an interconnected network of 3D virtual worlds.” Much more than connecting people to information, the metaverse in the future connects people, places, and things, sometimes in a fully virtual environment. According to ..read more
Visit website
Good Governance Is Critical to Sustainable Water Management 
NACD Blog | Corporate Board Leaders' Blog
by Kirsten James
11M ago
From using less water and reducing water pollution to protecting ecosystems and ensuring communities have clean water supplies, a company’s ability to sustainably and responsibly manage water hinges on how it addresses a range of interconnected issues. Strong corporate board oversight can be the thread pulling this work together, ensuring companies are mitigating their broad water impacts and exposure to financial risk.  As climate change and population pressures continue to threaten water resources across the globe—researchers predict we’ll be unable to meet even 56 percent of global wat ..read more
Visit website
Strategy, Structure, and Talent: Why They Matter in Uncertain Times
NACD Blog | Corporate Board Leaders' Blog
by Abby Curnow-Chavez
11M ago
Uncertainty is the mainstay of the present global economy. The eurozone saw a winter recession and faces challenges ahead. And while some initial signs point to the possibility of a “soft landing” rather than full-on recession for the United States, the outlook isn’t all rosy. Continued concerns around inflation, climate change, the war in Europe, and continued disruptions to the global supply chain leave plenty of ambiguity regarding the interconnected impact to global markets. In times such as these, the most effective boards stay steadfastly focused on strategy, structure, and talent. Direc ..read more
Visit website
Improving Queer Women’s Representation in the Boardroom
NACD Blog | Corporate Board Leaders' Blog
by Fabrice Houdart and Chiqui Cartagena
1y ago
Ahead of Pride 2023, improving LGBTQ+ representation in the boardroom This 2023 proxy season, the first phase of the Nasdaq Board Diversity Listing Rule went into effect. It means that Nasdaq-listed securities have publicly disclosed their board-level diversity statistics or have had to explain why they do not have diverse directors. While it is too early to get a full view of these disclosures, a rapid review shows that the representation of LGBTQ+ women in US corporate boardrooms remains abysmal. When it comes to board diversity, where there is a will, there is a way. We know a shift in inte ..read more
Visit website
Modernizing Legacy Infrastructure to Increase Competitiveness: The Board’s Role
NACD Blog | Corporate Board Leaders' Blog
by Jim DeLoach
1y ago
Innovative culture, speed to market, customer focus, and organizational agility are mainstays in boardroom conversations about innovation. However, these discussions should also address technological roadblocks to realizing innovation initiatives. The origin of the phrase, “innovate or die,” is unclear. But it was made famous over 35 years ago in one of Peter Drucker’s classic books, Innovation and Entrepreneurship: Practice and Principles. In it, he wrote that that the entrepreneur sees “change as the norm and as healthy… [and] always searches for change, responds to it, and exploits it as an ..read more
Visit website

Follow NACD Blog | Corporate Board Leaders' Blog on FeedSpot

Continue with Google
Continue with Apple
OR