Taking a Long-Term Approach to Board Composition
Our Privacy Policy has been updated! The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you acknowledge our privacy policy and consent to the use of cookies.  Our Privacy Policy has been updated! Detailed information on the use of cookies on this site is provided in our cookie policy and our privacy policy. 
TCB Tourch
Loading...
  • logoImage
  •  
    • US
    • EUROPE
    • ASIA

  • 2

    Close
    • Insights
        • Insights
        • Explore by Center
          • Explore by Center

          • CED
            Committee for Economic Development

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications
        • Explore by Content Type
          • Explore by Content Type

          • Reports

          • Webcasts

          • Podcasts

          • Charts & Infographics
        • Trending Topics
          • Trending Topics

          • Artificial Intelligence (AI)

          • 2024 Elections

          • Geopolitics

          • US Economic Forecast

          • Sustainability

          • Future of Work
    • Events
        • Events
        • Upcoming Events
          • Upcoming Events

          • 2025: A Year In Preview

          • Corporate Communications: Driving the Business Forward

          • 25th Annual Employee Health Care Conference - New York

          • ESG Leadership Awards Dinner

          • 2025 ESG Summit

          • 25th Annual Employee Health Care Conference - San Diego

          • Explore all Upcoming Events

        • Member-Exclusive Programs
          • Member-Exclusive Programs

          • Center Briefings

          • Experts Live

          • Roundtables

          • Working Groups

          • Expert Briefings

    • Data
        • Data

        • Consumer Confidence Index

        • Data Central

        • TCB Benchmarking

        • Employment Trends Index

        • Global Economic Outlook

        • Leading Economic Indicators

        • Help Wanted OnLine

        • Labor Markets

        • Measure of CEO Confidence

        • Human Capital Benchmarking &
          Data Analytics

        • CMO+CCO Meter Dashboard

    • Centers
        • Centers
        • Our Centers
          • Our Centers

          • Committee for Economic Development

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications
        • Center Membership
          • Center Membership

          • What Is a Center?

          • Benefits of Center Membership

          • Join a Center

    • Councils
        • Councils
        • Find a Council
          • Find a Council

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications
        • Council Membership
          • Council Membership

          • What is a Council?

          • Benefits of Council Membership

          • Apply to a Council

    • Membership
        • Membership
        • Why Become a Member?
          • Why Become a Member?

          • Benefits of Membership

          • Check if Your Organization is a Member

          • Speak to a Membership Associate
        • Types of Membership
          • Types of Membership

          • Council

          • Committee for Economic Development

          • Economy, Strategy & Finance

          • Environmental, Social & Governance

          • Human Capital

          • Marketing & Communications

        • Already a Member?
          • Already a Member?

          • Sign In to myTCB®

          • Executive Communities

          • Member-Exclusive Programs

    • About Us
        • About Us
        • Who We Are
          • Who We Are

          • About Us

          • In the News

          • Press Releases

          • Our History

          • Support Our Work

          • Locations

          • Contact Us

        • Our Community
          • Our Community

          • Our Leadership

          • Our Experts

          • Trustees

          • Voting Members

          • Global Counsellors

          • Careers

          • This Week @ TCB

    • Careers
    • This Week @ TCB
    • Sign In to myTCB®
      • US
      • EUROPE
      • ASIA
    • Insights
      • Insights
      • Explore by Center
        • Explore by Center

        • CED
          Committee for Economic Development

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications

      • Explore by Content Type
        • Explore by Content Type

        • Reports

        • Webcasts

        • Podcasts

        • Charts & Infographics

      • Trending Topics
        • Trending Topics

        • Artificial Intelligence (AI)

        • 2024 Elections

        • Geopolitics

        • US Economic Forecast

        • Sustainability

        • Future of Work

    • Events
      • Events
      • Upcoming Events
        • Upcoming Events

        • 2025: A Year In Preview

        • Corporate Communications: Driving the Business Forward

        • 25th Annual Employee Health Care Conference - New York

        • ESG Leadership Awards Dinner

        • 2025 ESG Summit

        • 25th Annual Employee Health Care Conference - San Diego

        • Explore all Upcoming Events

      • Member-Exclusive Programs
        • Member-Exclusive Programs

        • Center Briefings

        • Experts Live

        • Roundtables

        • Working Groups

        • Expert Briefings

    • Data
      • Data

      • Consumer Confidence Index

      • Data Central

      • TCB Benchmarking

      • Employment Trends Index

      • Global Economic Outlook

      • Leading Economic Indicators

      • Help Wanted OnLine

      • Labor Markets

      • Measure of CEO Confidence

      • Human Capital Benchmarking & Data Analytics

      • CMO+CCO Meter Dashboard
    • Centers
      • Centers
      • Our Centers
        • Our Centers

        • Committee for Economic Development

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications

      • Center Membership
        • Center Membership

        • What is a Center?

        • Benefits of Center Membership

        • Join a Center

    • Councils
      • Councils
      • Find a Council
        • Find a Council

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications
      • Council Membership
        • Council Membership

        • What is a Council?

        • Benefits of Council Membership

        • Apply to a Council

    • Membership
      • Membership
      • Why Become a Member?
        • Why Become a Member?

        • Benefits of Membership

        • Check if Your Organization is a Member

        • Speak to a Membership Associate

      • Types of Membership
        • Types of Membership

        • Council

        • Committee for Economic Development

        • Economy, Strategy & Finance

        • Environmental, Social & Governance

        • Human Capital

        • Marketing & Communications

      • Already a Member?
        • Already a Member?

        • Sign In to myTCB®

        • Executive Communities

        • Member-Exclusive Programs
    • About Us
      • About Us
      • Who We Are
        • Who We Are

        • About Us

        • In the News

        • Press Releases

        • This Week @ TCB

        • Our History

        • Support Our Work

        • Locations

        • Contact Us

      • Our Community
        • Our Community

        • Our Leadership

        • Our Experts

        • Trustees

        • Voting Members

        • Global Counsellors

        • Careers

        • This Week @ TCB

    • Careers
    • Sign In to myTCB®
    • Download TCB Insights App
  • Insights
    Insights

    Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years.

    Explore All Research

    Economic Indicators

    • Explore by Center
    • CED
      Committee for Economic Development
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    • Explore by Content Type
    • Reports
    • Webcasts
    • Podcasts
    • Charts & Infographics
    • Trending Topics
    • Artificial Intelligence (AI)
    • 2024 Elections
    • Geopolitics
    • US Economic Forecast
    • Sustainability
    • Future of Work
  • Events
    Events

    Our in-person and virtual events offer unmatched opportunities for professional development, featuring top experts and practitioners.

    See Everything Happening This Week

    Sponsor a Program

    • Upcoming Events

      • 2025: A Year In Preview

      February 04 - 05, 2025

      Corporate Communications: Driving the Business Forward

      March 06 - 07, 2025

      25th Annual Employee Health Care Conference - New York

      April 08 - 09, 2025

    •  

      • ESG Leadership Awards Dinner

      April 23, 2025

      2025 ESG Summit

      April 24 - 25, 2025

      25th Annual Employee Health Care Conference - San Diego

      May 01 - 02, 2025

    • Member-Exclusive Programs
    • Center Briefings
    • Experts Live
    • Roundtables
    • Working Groups
    • Expert Briefings
    • Explore by Type
    • Events
    • Webcasts
    • Podcasts
    • Member-Exclusive Programs
    • Center Briefings
    • Experts Live
    • Roundtables
    • Working Groups
    • Expert Briefings
  • Data
    Corporate Disclosure Data

    TCB Benchmarking

    Real-time data & analytical tools to benchmark your governance, compensation, environmental, human capital management (HCM) and social practices against US public companies.

    Economic Data

    Consumer Confidence Index

    US consumers' thoughts on the economy, jobs, finances and more

    Data Central

    One-stop, member-exclusive portal for the entire suite of indicators

    Labor Markets

    Covering all aspects of labor markets, from monthly development to long-term trends

    Measure of CEO Confidence

    Examines the health of the US economy from the perspective of CEOs

     

    Employment Trends Index

    Monthly, forward-looking composite of eight proven labor-market indicators

    Global Economic Outlook

    Track the latest short-, medium-, and long-term growth outlooks for 77 economies

    Leading Economic Indicators

    Track the state of the business cycle for 12 global economies across Asia and Europe

    Help Wanted OnLine

    Track the status of job markets across the US through online job listings

    Other Featured Data

    Human Capital Analytics Tools

    Tools to understand human capital management and corporate performance

    CMO+CCO Meter Dashboard

    Tracks the impact, resources, and satisfaction of CMOs and CCOs

  • Centers
    Centers

    Centers offer access to world-class experts, research, events, and senior executive communities.

    Our Centers
    • Committee for Economic Development
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    Center Membership
    • What Is a Center?
    • Benefits of Center Membership
    • Join a Center
  • Councils
    Councils

    Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function.

    Find a Council
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    Council Membership
    • What Is a Council?
    • Benefits of Council Membership
    • Apply to a Council
  • Membership
    Membership

    Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth.

    • Why Become a Member?
    • Benefits of Membership
    • Check if Your Organization is a Member
    • Speak to a Membership Associate
    • Types of Membership
    • Council
    • Committee for Economic Development
    • Economy, Strategy & Finance
    • Environmental, Social & Governance
    • Human Capital
    • Marketing & Communications
    • Already a Member?
    • Sign in to myTCB®
    • Executive Communities
    • Member-Exclusive Programs
  • About Us
    About Us

    The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead®. For over 100 years, our cutting-edge research, data, events and executive networks have helped the world's leading companies understand the present and shape the future.

    Learn more about Membership

    • Who We Are
    • About Us
    • In the News
    • Press Releases
    • Our History
    • Support Our Work
    • Locations
    • Contact Us
    • Our Community
    • Our Leadership
    • Our Experts
    • Trustees
    • Voting Members
    • Careers
    • This Week @ TCB
Check if You're a Member
Create Account
Forgot Your Password?

Members of The Conference Board get exclusive access to the full range of products and services that deliver Trusted Insights for What's Ahead ® including webcasts, publications, data and analysis, plus discounts to conferences and events.

Taking a Long-Term Approach to Board Composition

25 September 2023 / Report

Download Report
  • Email
  • Linkedin
  • Facebook
  • Twitter
  • Copy Link
listenPlayBtnImage

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

Video

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.
Great News!

You already have an account with The Conference Board.

Please try to login in with your email or click here if you have forgotten your password.

  • Download
  • Download Report

Author

Merel Spierings

Merel Spierings Merel Spierings

Former Senior Researcher, ESG Center
The Conference Board

Read Bio

Other Related Resources

Quick Take

Overturning NASDAQ’s Board Diversity Rule: Implications for DEI and Governance

Overturning NASDAQ’s Board Diversity Rule: Implications for DEI and Governance

December 16, 2024

Quick Take

Rising Risks, Rising Costs: US Public Companies Spending More on CEO Security

Rising Risks, Rising Costs: US Public Companies Spending More on CEO Security

December 13, 2024

Report

Board Practices and Composition: 2024 Edition

Board Practices and Composition: 2024 Edition

November 28, 2024

Quick Take

Are Boards Effective? It Depends On Who You Ask

Are Boards Effective? It Depends On Who You Ask

June 04, 2024

Quick Take

Compensation Committee Chairs Feel the Pain from Low Say-on-Pay Votes

Compensation Committee Chairs Feel the Pain from Low Say-on-Pay Votes

March 27, 2024

Quick Take

Women in Leadership: Are We at a Tipping Point?

Women in Leadership: Are We at a Tipping Point?

March 24, 2024

Report

Driving Board Excellence

Driving Board Excellence

December 11, 2023

Report

Board Leadership and Structure: Spotlight on Flexibility and Transparency

Board Leadership and Structure: Spotlight on Flexibility and Transparency

November 21, 2023

Quick Take

Corporate Boards Are More Diverse Than Ever, But the Pace of Growth Is Slowing

Corporate Boards Are More Diverse Than Ever, But the Pace of Growth Is Slowing

November 20, 2023

Report

How Board Diversity Can Contribute to Board Effectiveness

How Board Diversity Can Contribute to Board Effectiveness

November 02, 2023

Essay

Preparing for Shareholder Proposals on Diversity in 2024

Preparing for Shareholder Proposals on Diversity in 2024

September 07, 2023

Quick Take

Support for Racial Equity Audits Plummets but Anti-ESG Proposals Not Main Cause

Support for Racial Equity Audits Plummets but Anti-ESG Proposals Not Main Cause

July 24, 2023

Report

One Board, Many Stakeholders: Understanding Priorities

One Board, Many Stakeholders: Understanding Priorities

June 15, 2023

Report

Moving Board Education—Not Expert Directors—to the Front Burner

Moving Board Education—Not Expert Directors—to the Front Burner

June 06, 2023

Report

Board Effectiveness: A Survey of the C-Suite

Board Effectiveness: A Survey of the C-Suite

May 18, 2023

Report

There's a Wide Gap Between Boards and Management. How to Close It.

There's a Wide Gap Between Boards and Management. How to Close It.

May 17, 2023

Report

Women Lead More Than One-Third of S&P 500 Board Committees

Women Lead More Than One-Third of S&P 500 Board Committees

March 22, 2023

Report

Making Board Refreshment a Reality

Making Board Refreshment a Reality

March 09, 2023

Report

Board Refreshment and Evaluations

Board Refreshment and Evaluations

August 05, 2022

Podcasts

So You're on a Board. Now What?

So You're on a Board. Now What?

July 18, 2022

Report

Board Leadership, Meetings, and Committees

Board Leadership, Meetings, and Committees

July 14, 2022

Quick Take

Overturning NASDAQ’s Board Diversity Rule: Implications for DEI and Governance

Overturning NASDAQ’s Board Diversity Rule: Implications for DEI and Governance

December 16, 2024

Quick Take

Rising Risks, Rising Costs: US Public Companies Spending More on CEO Security

Rising Risks, Rising Costs: US Public Companies Spending More on CEO Security

December 13, 2024

Report

Board Practices and Composition: 2024 Edition

Board Practices and Composition: 2024 Edition

November 28, 2024

Councils

Compensation & Employee Benefits Council

Compensation & Employee Benefits Council

Councils

Executive Compensation Council II

Executive Compensation Council II

Councils

Global Rewards & Mobility Council

Global Rewards & Mobility Council

Councils

Executive Compensation Management Council

Executive Compensation Management Council

Councils

Compensation Council

Compensation Council

Councils

Compensation Council II

Compensation Council II

Councils

Sales Compensation Leaders Council

Sales Compensation Leaders Council

Councils

Asia Total Rewards Council

Asia Total Rewards Council

Councils

Executive Compensation Council

Executive Compensation Council

Councils

Asia Corporate Leadership Council

Asia Corporate Leadership Council

Councils

International Reward Council

International Reward Council

Councils

Compensation & Employee Benefits Council

Compensation & Employee Benefits Council

Councils

Executive Compensation Council II

Executive Compensation Council II

Councils

Global Rewards & Mobility Council

Global Rewards & Mobility Council

Conference Board Sample Web Chat
chatbot-Icon TCB Logo
chatbot-Icon
C-Suite Insights Newsletter - Subscribe to the must-read weekly newsletter for C-suite executives from The Conference Board
ABOUT US
  • Who We Are
  • Annual Report
  • Our History
  • Our Experts
  • Our Leadership
  • In the News
  • Press Releases
MEMBERSHIP
  • Become a Member
  • Sign In to myTCB®
  • Access Experts
  • Member-Only Events
  • Data & Benchmarking
  • Manage Account
EXPLORE
  • Centers
  • Councils
  • Latest Research
  • Events
  • Webcasts
  • Podcasts
  • This Week @ TCB
CONTACT US
  • Americas
    +1 212 759 0900
    customer.service@tcb.org
  • Europe/Africa/Middle East
    +32 2 675 5405
    brussels@tcb.org
  • Asia
    Hong Kong | +852 2804 1000
    Singapore | +65 8298 3403
    service.ap@tcb.org
CAREERS
  • See Open Positions
Terms Of Use | Privacy Policy | Event Code of Conduct | Trademarks
© 2025 The Conference Board Inc. All rights reserved. The Conference Board and torch logo are registered trademarks of The Conference Board.
The use of all The Conference Board data and materials is subject to the Terms of Use. Reprint requests are reviewed individually and may be subject to additional fees.The Conference Board reserves the right to deny any request.
Terms of Use | Privacy Policy | Event Code of Conduct | Trademarks
© 2025 The Conference Board Inc. All rights reserved. The Conference Board and torch logo are registered trademarks of The Conference Board.
The use of all data from The Conference Board data and materials is subject to the Terms of Use. Reprint requests are reviewed individually and may be subject to additional fees.The Conference Board reserves the right to deny any request.

Thank you for signing up. You will now receive CEO Insights for What's Ahead every Wednesday morning. You can unsubscribe at any time or manage your preferences to receive more content from The Conference Board.

Announcing The Conference Board AI Virtual Conference Series

Explore the Impact of AI on Your Business

Members receive complimentary registration - Learn more >>