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In Practice

Shifts Happen Fast—Adapt or Fail

By Frederick Funston and Jon Lukomnik

06/13/2025

Directorship Magazine Board Operations Member-Only

Embed adaptability into the board’s and committees’ decision-making processes by using this framework.

 

Whiplash. That is the feeling many directors have in 2025, with rapid shifts in technology, geopolitics, tax policy, social expectations, and the economy disrupting many companies’ business models. Whether it is ...

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 Fredrick Funston
Frederick Funston is the CEO of Funston Advisory Services. Between 1998 and 2010, he was the national practice leader for Deloitte’s Governance and Risk Oversight Services.

Jon Lukomnik
Jon Lukomnik is a three-time NACD Directorship 100 awardee and the recipient of a lifetime achievement award from the International Corporate Governance Network. He is the managing partner of Sinclair Capital and teaches sustainable finance at Columbia University.