Amid Challenges, Boards Earn High Trust Marks from Management
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Amid Challenges, Boards Earn High Trust Marks from Management

/ Quick Take

C-Suite executives are demonstrating renewed confidence in their boards’ ability to navigate crises, make value-driven decisions, and plan for the future. That is according to the fourth annual Board Effectiveness: A Survey of the C-Suite by PwC and The Conference Board that gauged sentiment from over 600 C-Suite executives at US public companies.

C-Suite executives are demonstrating renewed confidence in their boards’ ability to navigate crises, make value-driven decisions, and plan for the future. That is according to the fourth annual Board Effectiveness: A Survey of the C-Suite by PwC and The Conference Board that gauged sentiment from over 600 C-Suite executives at US public companies.

Trusted Insights for What’s Ahead™

Geopolitical conflicts, supply chain disruptions, cyberattacks, labor and regulatory challenges, trade tensions: the past few years have been tumultuous for companies. Despite these challenges, a vast majority of executives (72%) believe their board is fostering a collaborative relationship with the executive team. This perceived partnership likely plays a significant role in bolstering management's rising trust in the board across a multitude of areas.

 

Management’s trust in the board sees notable rise

Source: PwC and The Conference Board, Board Effectiveness: A Survey of the C-suite, April 2024 and May 2023

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Author

Merel Spierings

Merel Spierings Merel Spierings

Senior Researcher, ESG Center
The Conference Board

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