Global competition. The rapid pace of technological advances. The uncertain economy. Cybercrime. Sarbanes Oxley & Dodd Frank. Activist investors. Terrorist groups. Shrinking windows of opportunity. The explosive influence of social media. As a business executive, you and your board have a lot on your plate.
Typical board members understand what is expected from the standard board committees (governance, audit and compensation). That’s good. But today’s effective board members must also understand the importance of subjects like risk and sustainability.
The National Association of Corporate Directors (NACD) provides numerous well-crafted educational conferences, webinars and publications. And they have a structured multi-year program to ensure that members who have earned FELLOW status are ready to serve. Anne Sheehan, Director of Corporate Governance, CalSTRS says it best: “NACD’s director credentials are the new gold standard.”