How can business help solve society’s biggest challenges? Welcome to Series 3 of Take on Tomorrow, the award-winning podcast from PwC that examines the biggest problems facing society and the role business can—and should—play in solving them. This series, we’re welcoming broadcaster and journalist Femi Oke to the show. She joins podcaster and journalist Lizzie O’Leary, and together with industry innovators, tech trailblazers and visionary leaders from around the globe, they’ll explore timely ...
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Board Refreshment Process
Manage episode 293959347 series 2910096
Contenuto fornito da Olivia Duffey and BDO USA. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Olivia Duffey and BDO USA o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Join Amy Rojik, director of BDO’s Center for Governance as she shares some timely considerations for directors to consider with respect to board composition refreshment strategies.
Key Takeaways
- Board composition, succession and refreshment planning should be treated as a priority and normal part of oversight responsibilities
- Refreshment is underscored by having board members recognize that board appointments are not life tenancies and a director’s usefulness should be viewed from the stakeholder lens…ALWAYS
- A good strategy provides for regular and intentional use of skills matrices that align board composition with both current and future strategic needs of the business and allows for periodic adjustments as the business evolves
- Clear expectations should be outlined for directors about tenure, capacity, and participation
- A refreshment strategy should include a longer-term, multi-year view that anticipates departures, leadership changes, illness, and tragedies that can strike and hit companies unaware
- Director candidates should be continually considered through the lens of prioritized skills and attributes that allows for the development of a sustainable talent pipeline for future
80 episodi
Manage episode 293959347 series 2910096
Contenuto fornito da Olivia Duffey and BDO USA. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Olivia Duffey and BDO USA o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Join Amy Rojik, director of BDO’s Center for Governance as she shares some timely considerations for directors to consider with respect to board composition refreshment strategies.
Key Takeaways
- Board composition, succession and refreshment planning should be treated as a priority and normal part of oversight responsibilities
- Refreshment is underscored by having board members recognize that board appointments are not life tenancies and a director’s usefulness should be viewed from the stakeholder lens…ALWAYS
- A good strategy provides for regular and intentional use of skills matrices that align board composition with both current and future strategic needs of the business and allows for periodic adjustments as the business evolves
- Clear expectations should be outlined for directors about tenure, capacity, and participation
- A refreshment strategy should include a longer-term, multi-year view that anticipates departures, leadership changes, illness, and tragedies that can strike and hit companies unaware
- Director candidates should be continually considered through the lens of prioritized skills and attributes that allows for the development of a sustainable talent pipeline for future
80 episodi
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