Lansdowne Board Intelligence (LBI) is pleased to announce the publication of Forward-Thinking Boards: Why it’s Time for Reinvention — a quintessential guidebook for boards, investors, CEOs, and those interested in progressive corporate governance.
Why change is essential: the corporate world is being transformed at warp speed in the midst of the most economically challenging and geopolitically unstable period in recent memory. The pressure on boards to revamp how they govern is at an all-time high, and CEOs need herculean effort to navigate uncharted waters, and accelerate innovative and transformative business and human capital strategies in order to not only thrive; but to survive.
Forward-Thinking Boards: Why it’s Time for Reinvention delves into the maze of entrenched thinking and engrained practices that hinder board modernization, while proposing comprehensive realignment and across-the-board solutions. In the quest to achieve more forward-thinking governance, we must ask hard questions: Are boards equipped to adapt to evolving cultural dynamics and equitable representation? How is seat selection truly determined? Who is fit to sit? What procedural metrics are employed to ensure the most relevant and qualified directors reach the table? A thorough analysis of these board processes and practices is long overdue.
In considering board and committee composition, refreshment mechanisms, director recruitment, and board and director performance evaluations; there has to be a strong sense of circumspection, while at the same time an increased receptivity towards improving the inequity among senior leadership. It’s a delicate balance, where the need for change has never been more critical.
For the sake of all who desire wise and enlightened leadership, Forward-Thinking Boards: Why it’s Time for Reinvention shines an ‘unconventional’ light on the outdated policies, processes, and practices, which shape behaviour and actions. Serving as a roadmap – with statistical back-up – this report guides boards to rethink and reinvent more objective, rigorous, and competency-based practices as the foremost direction to developing fair-minded, effective, democratic boards.
It can be done!
I greatly appreciate your attention to this presentation. I reflected deeply upon the many aspects of where boards fall short, and in turn, where they can break new ground. I would love to hear your thoughts on the insights proposed therein.
Let’s start the conversation!
Lansdowne Board Intelligence
Advanced Praise for LBI’s Forward-Thinking Boards: Why it’s Time for Reinvention
“This report is a must-read for every board, investor, and CEO.”
Mary Lou Hukezalie
Retired, CHRO, TMX Group
“Board chairs must step up and manage this process with a more open, objective mindset. I encourage boards to read this report, and heed the call to action.”
Dick Freeborough, FCPA, FCA, ICD.D.
Seasoned Board Chair, Audit Committee Chair, and Former Partner KPMG LLP
“This presentation is recommended reading for forward-thinking boards and for anyone who has a stake in good corporate governance.”
Retired financial industry executive and lawyer, currently serves as Corporate Director and Adviser
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