Whereas a decade ago boardrooms were concerned with the question „should we invest in digital transformation?“ today the focus is on „how much should we invest and, more importantly, how quickly should we invest if we are accountable to our shareholders?“ Although the question may not seem that complex at first glance, many other questions […]
The Covid 19 pandemic is not over yet, and broads and management teams need to address key issues to prepare for the next normality. A new article from McKinsey addresses the issues that managers should be aware of. For example, the first point is, „Boards must strike the right balance between hope for the future […]
While much uncertainty was the only certainty in the CEO Outlook 2020 due to the COVID 19 crisis, optimism is now back in the boardroom one year later. According to KPMG’s „CEO Outlook 2021 – Plugged-in, people-first, purpose-led“, CEOs are confident about the growth prospects of their company and the general global economy. In particular, […]
Boards often focus on known risks that management has already identified. In this context, in an online survey of directors by the National Association of Corporate Directors (NACD), nearly half of respondents said this tendency is a major impediment to the board’s ability to oversee disruptive risks. Disruptive risks include „risks that, whether internally- or […]