Boardroom INSIDER for… MAY

IS “CRISIS” CORPORATE GOVERNANCE DRIVING BETTER CORPORATE GOVERNANCE?

Global business has been turned inside out by the Coronavirus crisis over the past month, and that applies to the corporate boards trying to govern in a time of turmoil.  Yet the May issue of online monthly Boardroom INSIDER spots a surprising trend — global crisis governance is actually shaping better governance.

By moving most boardwork online, boards are “focusing more on the essentials,” says BI editor and business speaker Ralph Ward.  “There just isn’t time or bandwidth for all the PowerPoints and fluff in board sessions anymore.”  Ward writes that boardwork is also moving outside the online meeting itself to embrace more one-on-one director discussion and research. “The board meeting is now less a single event than an ongoing process.”  Finally, board members are building stronger personal relationships with managers and stakeholders to work through the crisis, and “pitching in to help managers meet immediate needs.”  

Articles in the May issue include:

• How boards are shaking up director pay during the crisis.
• “Musts” to assure online board meeting security.
• How audit committees are coping with today’s unprecedented challenges.
• Crisis liabilities – A fresh look at D&O policies.
• Q&A: Do we need a board “crisis committee?” (Maybe not…).

Ralph Ward’s latest book, Board Seeker: Your Guidebook and Career Map into the Corporate Boardroom (Business Expert Press) gathers 20 years’ experience in board counseling and research to give “board wannabes” the steps and insights needed to craft a successful board search campaign.
NOW ON AUDIOBOOK.
— Here’s why you have more “board experience” than you think (and why your current resume hides it).
— How women can jump the career obstacles they face into the boardroom.
— Finding your board search mentors and networks.
— How board searches really work (and how to turn flaws in the process to your advantage).
— Gaining the attention of board contacts and search firms.
— Prepping for a board interview… and for your first board meeting.