Navigating Evolving Challenges in Board Governance

This chapter explores the increasing complexities faced by boards and directors, including heightened shareholder and stakeholder expectations, the necessity for agility in a dynamic business environment, and the impacts of market dynamics. It emphasizes the growing focus on topics like geopolitics, technology, risk management, and business model innovation, leading to more board preparation time and potential changes in board compositions and meeting methods. The importance of global and geopolitical expertise, clear role definitions, continuous learning, and committee effectiveness within boards are underscored as essential for addressing current challenges and staying relevant in a changing landscape.