11 Steps Your Board Needs to Take Now
The National Association of Corporate Directors has published the 2016 NACD Blue Ribbon Commission Report: Building the Strategic-Asset Board. The report is designed to help readers prepare for boardroom discussions on top-of-mind issues related to board strategy and composition.
The NACD says this report, based on the recommendations of leading directors, investors, and subject matter experts, outlines steps corporations and general counsel can take to help the board continuously improve boardroom performance, including how to
- make relevant updates to your governance principles;
- plan board succession in line with the company’s long-term strategy; and
- consider tenure issues as part of your director review process.
The full report is available exclusively to NACD members, but the executive summary, which includes a list of additional recommended steps for building a strategic-asset board, is available to anyone.
