Mark Manoff is the Americas Vice Chair, Steve Klemash is a Partner and Ann Yerger is an Executive Director with the EY Center for Board Matters. This post is based on an EY publication by Mr. Klemash, Ms. Yerger, and Mark Manoff.
Geopolitical developments, innovation and technology are rapidly accelerating change in the global economy and affecting how companies create competitive advantage. Boards should continue to rethink and address their organization’s strategy, risk management and whether the required talent is in place to deal with such changes.
Boards may need to rethink their own composition and structure to stay fit for purpose. Institutional investors continue to seek more communication and engagement around these important issues. In 2017, the EY Center for Board Matters expects boards to heighten their focus on the following six priorities: