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The importance of developing a vision and show deep curiosity for new challenges.

The benefit of cross-industry hires (with respect to digital developments e.g.)

Boardrooms have long been the domain of executives in their 50s, 60s – and even 70s, now that more boards are loosening mandatory retirement limits. But many boards are also electing directors in their early 30s – very often younger entrepreneurs who are the leading lights of digital transformation.

The traditional approach of filling board seats as they become available must give way to a more deliberate, longer-term perspective on board composition. A well-defined, long-term strategy helps the board give director succession planning the sustained, focused attention that it needs.

Boards of directors in the energy sector have been changing faster than ever – and if activist investors have their way, there’s more to come.

Board diversity is much more than simply a question of fairness. Lack of diversity represents a missed opportunity to bring in new thinking, insights, experiences, and knowledge – with regard to different markets, consumers, practices, and more.

An Advisory Board is a body that advises the management of an organization, foundation or corporation. Unlike a Board of Directors, an Advisory Board has no authority to vote on matters, nor does it have any legal or fiduciary responsibility.

When it comes to planning for their own succession, boards neglect to apply all that they have learned regarding CEO succession. Why?

Talent decisions are often based on past performance, which favors short-term results, not long-term ability.

What distinguishes an excellent general counsel from a good or merely acceptable one? To answer that question we recently mined information about more than 300 senior legal executives from among the thousands of management appraisals that we have conducted over the past several years.