Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

NACD: Boards Need Strategy to Align Short-Term, Long-Term Goals

Joe Mont | October 14, 2015

A growing concern in governance circles is whether the desire to meet or beat quarterly earnings can be aligned with long-term business strategy. That disconnect that has even led some to propose doing away with quarterly earnings guidance as a strike against “short-termism.”

The National Association of Corporate Directors has stepped into the fray with a new report stressing that it is indeed possible for board members to help management navigate business complexities without allowing short-term pressures to undermine the organization’s focus on long-term strategic objectives. The report distills the work of an NACD Blue Ribbon Commission, a panel of governance experts and corporate directors who, in aggregate, serve on 34 publicly traded, 10 privately held, and 62 nonprofit company boards.

“Instead of viewing...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.