Drawing from our experience working with boards and cybersecurity executives over the years, this checklist offers practical insights to enhance your readiness to land your first corporate seat.
Physical disability is often overlooked when it comes to diversity discussions, and most boards are still at early stages of maturity on the topic. We gathered some of the UK's top board chairs for an open conversation on the topic.
In June 2022, Egon Zehnder held the latest event in its Corporate Governance Exchange (CGX) series, which brings together chairs and Nomination & Remuneration Committee chairs to share insights and challenges for board members who want to increase their strategic impact. This CGX event focused on “ESG and the Role of the Board,” and featured Douglas Peterson, President and CEO of S&P Global, as a guest speaker.
Companies with global aspirations require boards with global capability. So why don’t their boards reflect this new strategic direction? The findings of the 2014 Egon Zehnder Global Board Index™ reveal a Global Capability Gap, named by Egon Zehnder to describe the disparity between a company’s global footprint and the global experience of board members.
Egon Zehnder’s Istanbul office recently convened a group of Turkey-based HR leaders from various sectors for a series of breakfast discussions focused on the importance of team building. Accompanied by the Office Leader Murat Yesildere’s presentation on “Building Highly Effective Leadership Teams”, the participants were very forthcoming creating an open dialogue where they shared their experiences and perspectives on team effectiveness.
The days when the main function of Audit Committees was to put a “stamp of approval” on companies’ financials are long gone. Heightened risk awareness and increased regulation means that Audit Committees must now take on a much more proactive role in detecting, understanding and acting on risk – be it financial, macroeconomic, regulatory, legal or cybersecurity-related.
In today’s environment, boards are expected to fulfillll their traditional oversight and compliance role and also add value through strategic insight and guidance.
Board members today must grapple with increasingly complex matters of strategy and risk. In response, many companies are rethinking board meetings to enhance alignment, energize the board and elevate its performance.
An impending market rebound has many feeling cautiously optimistic, but the extended cycle of the current downturn – now being characterized as “lower for longer” – has created a new reality that will change leadership imperatives for the foreseeable future. Energy leaders are realizing that lower prices, unpredictable market dynamics and hyper competition for talent, resources and capital are driving a need to rebuild and adapt businesses or risk being left behind. In this new reality, it’s critical to strike a balance between disruption and discipline – understanding how to best lead innovation while still adhering to longstanding best practices that will ensure longevity regardless of future market fluctuations.
There is no period in a company’s history more fraught with anxiety than the months leading up to the naming of a new CEO. Often, the board is eyeing the clock while trying to nudge the CEO into a graceful exit.
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