The Corporate Director Podcast
Inside Today's Boardrooms: The nom/gov chair’s role in board culture
Jan 3, 2024
Exploring the importance of board culture and best practices for board evaluation. Emphasizing open communication and the drawbacks of side conversations. Discussing the role of feedback for new board members and the benefits of external parties in evaluating board performance. Highlighting the importance of advocates in driving cultural changes and measuring organization-wide tone.
11:18
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Quick takeaways
- Boards are recognizing the importance of having an open and agile culture that can adapt to the rapidly changing world, with tone at the top and problem-solving abilities being key aspects.
- The NAMGOV chair plays a crucial role in shaping board culture by conducting assessments, incorporating culture-related questions, and advocating for best practices.
Deep dives
The Importance of Board Culture
Board culture has become a significant focus for many corporate boards. With ESG's emphasis on social engagement and culture, boards are recognizing the importance of having an open and agile culture that can adapt to the rapidly changing world. Tone at the top and the ability to solve problems are key aspects of board culture that boards are now paying more attention to.
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