Insight

On the 2020 board agenda

Eight items for boards to consider as they focus their 2020 agendas on the critical challenges at hand and on the road ahead.

On the 2020 board agenda

Prioritizing board agendas will be particularly challenging in 2020 as the game-changing implications of technological and digital innovation, growing demands to address environmental and social issues, scrutiny of corporate culture, and investor expectations for greater board engagement, diversity, and long-term performance all drive a sharper focus on positioning the company for the future. Combined with concerns about the economy—mounting trade tensions, resurging debt, a looming market correction—and political gridlock in the U.S., U.K., and elsewhere, the year ahead will require a careful balance of near-term focus, agility, and long-term thinking.

Drawing on insights from our work and interactions with directors and business leaders, we highlight eight items for boards to consider as they focus their 2020 agendas on the critical challenges at hand and on the road ahead:

  • Link boardroom discussions on strategy, risk, and global disruption.
  • Understand how the company aligns profit and purpose.
  • Build the talent in the boardroom around the company’s strategy and future needs.
  • Help set the tone and closely monitor the culture throughout the organization.
  • Approach cybersecurity and data privacy holistically—as data governance.
  • Make CEO succession and talent development a priority.
  • Have a crisis response plan in place and practice it.
  • Be proactive in engaging with shareholders, including activists.

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On the 2020 board agenda
Eight considerations for boards as they shape their 2020 agendas.


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