Making time for strategy
As increasingly complex and disruptive business conditions demand it, and investors and other stakeholders expect it, do you have the ‘right’ level of engagement with the company's strategy?
Boards need a deep understanding of the
context in which the company operates,
and as technology, innovation, and other
forces continue to disrupt business models,
this means staying close to strategy
As increasingly complex and disruptive business conditions demand it, and investors and other stakeholders expect it, do you have the ‘right’ level of engagement with the company's strategy?
It’s widely agreed that the board leadership should harness the skills and experience of each director such that the value of the whole board exceeds the value of the individual members. Our research presents some practical techniques and approaches that senior board members can apply to build an effective board.
Independent judgement is a core requisite for both executive and non-executive directors. But what does it mean in practice and how can directors assure themselves and others that the processes they adopt are appropriate?
While many boards are clearly stepping up their game—considering strategic alternatives and monitoring execution, improving risk-related information, reassessing risk oversight responsibilities, and more — this global research suggests significant challenges remain, including linking strategy and risk, and addressing growing cyber security risks.
Contact us to find out how the KPMG Board Leadership Centre can support your non-executive career.
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