While the events of the last two years brought some companies to their breaking points, it seems to have had the opposite effect on many corporate boards.
Working with our colleagues at Russell Reynolds Associates, we recently completed our third global Board Culture and Director Behaviors study, which includes a comprehensive survey completed by over 1000 corporate directors around the world. Part of the research included asking directors to evaluate their board’s effectiveness on a scale of 1-10 (with a 10 being an effective board that understands its roles and responsibilities to all stakeholders and performs them to a very high level), and to do the same regarding the board’s culture (with 10 being the most engaging, professional, and productive board culture).
Read the full article, published by Russell Reynolds Associates, and co-authored with Rich Fields.