Seven items for nom/gov committees to keep in mind as they consider and carry out their 2020 agendas.
The nominating and governance committee agenda for 2020 needs to be sharp, focused, and executed with resolve. The nom/gov committee is operating in a business environment shaped by technological and digital innovation, cybersecurity risks, and scrutiny of corporate culture, as well as growing demands to address environmental and social issues and activism by shareholders, employees, and other stakeholders—all against a backdrop of geopolitical volatility and economic uncertainty. The demands on boards have never been greater, and in the year ahead, the nom/gov committee will be under intense pressure to help the board lead with excellence by optimizing the board’s composition, structure, operations, and policies.
Drawing on insights from our work and interactions with nom/gov committee members, board chairs, lead directors, and board governance and business leaders, we highlight seven items for nom/gov committees to keep in mind as they consider and carry out their 2020 agendas: