Taking a Long-Term Approach to Board Composition
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Taking a Long-Term Approach to Board Composition

25 September 2023 / Report

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CEO Insight Minute: How Can Companies Ensure Boards Have the Right Experience?

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CEO Insight Minute: How Can Companies Ensure Boards Have the Right Experience?

In corporate boardrooms across the US, we’re seeing a decline in the percentage of directors with strategic planning experience.

Despite a fast-changing operating environment, companies should take a long-term approach to board composition, ensuring that the board has critical core competencies for long-term performance regardless of the challenges of the day.

For more insights on corporate board practices in 2023, see:

  • How Board Diversity Can Contribute to Board Effectiveness
  • Board Leadership and Structure: Spotlight on Flexibility and Transparency
  • Driving Board Excellence
Each of these reports features data from analytics firm ESGAUGE and was produced with the support of Debevoise & Plimpton, the KPMG Board Leadership Center, Russell Reynolds Associates, and the John L. Weinberg Center for Corporate Governance. To access and visualize the latest corporate board practices and trends by market index, business sector, and company size, visit our live, interactive dashboard.

Despite a fast-changing operating environment, companies should take a long-term approach to board composition, ensuring that the board has critical core competencies for long-term performance regardless of the challenges of the day.

For more insights on corporate board practices in 2023, see:

  • How Board Diversity Can Contribute to Board Effectiveness
  • Board Leadership and Structure: Spotlight on Flexibility and Transparency
  • Driving Board Excellence
Each of these reports features data from analytics firm ESGAUGE and was produced with the support of Debevoise & Plimpton, the KPMG Board Leadership Center, Russell Reynolds Associates, and the John L. Weinberg Center for Corporate Governance. To access and visualize the latest corporate board practices and trends by market index, business sector, and company size, visit our live, interactive dashboard.
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Author

Merel Spierings

Merel Spierings Merel Spierings

Former Senior Researcher, ESG Center
The Conference Board

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