Core Report of the NACD Blue Ribbon Commission, Fit for the Future: An Urgent Imperative for Board Leadership
Click here to access the complete report with the toolkit included (complimentary download for NACD Full Board Members and NACD Fellows).
In Brief: The accelerating pace and intensifying complexity of change are leading to the emergence of a fundamentally different operating reality than incumbent executives and directors have experienced in their careers to date. For boards and their leaders—the independent chair or lead director and committee chairs—this is a period of challenge and transition that has profound and immediate implications; many of which will intensify dramatically over the next 5 to 10 years. They cover board engagement with management, board renewal, operations, transparency, and accountability.
The 2019 Report of the NACD Blue Ribbon Commission Report Fit for the Future: An Urgent Imperative for Board Leadership aims to help boards, and their companies, meet these challenges. The report takes a deeper look at major, accelerating business trends and their implications for board oversight, and recommends specific actions board leaders can take in collaboration with their fellow directors—on board structure, engagement, composition, culture, and disclosures—to position their boards for the future. Additionally, it also offers a set of practical tools, examples, and case studies that board leaders and their boards can use to elicit changes essential to keeping the board focused and forward looking.
This resource can help your board to
- Engage with new and fast-changing drivers of strategy and risk,
- Align its renewal process to current and future strategic and risk needs,
- Foster a collaborative and inclusive culture,
- Drive ongoing and rigorous assessments of its processes and structure,
- Enhance transparency and disclosure of its governance, and
- Delineate the role of board leaders in overseeing board dynamics.
Most relevant audiences: directors of public, private, and nonprofit organizations; committee chairs; CEOs; lead directors; board chairs