Sustaining Boardroom Performance, How Great Boards Stay Great
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| 2-8-17-How-Great-Boards-Stay-Great-slides-NYSE-and-RHR2.pdf | |
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| File Size | 2.0 MiB |
| Date | June 7, 2018 |
| Downloads | 564 |
| Version | NYSE |
A JOINT RHR INTERNATIONAL AND NYSE GOVERNANCE SERVICES STUDY CONDUCTED IN 2014 addressed a two-part
question: what makes a great board and how does a great board add differential value to the organization it governs? One finding
of that study was that great boards must continually refresh and renew themselves to sustain a high level of contribution over time.
While renewal doesn’t automatically equate to director replacement, shareholders expect boards to contribute sustained value
by directing the company to seize opportunities and manage risks. To do so, boards must continually evolve and adapt to the
changing environment in which they operate.
question: what makes a great board and how does a great board add differential value to the organization it governs? One finding
of that study was that great boards must continually refresh and renew themselves to sustain a high level of contribution over time.
While renewal doesn’t automatically equate to director replacement, shareholders expect boards to contribute sustained value
by directing the company to seize opportunities and manage risks. To do so, boards must continually evolve and adapt to the
changing environment in which they operate.
