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Q&A: NACD Managing Director Steven Walker on continuous improvement for boards

Joe Mont | November 15, 2016

The world in which boards of directors operate has been fundamentally transformed in recent years. There is increased operational complexity, rapidly changing technology, global political instability, the proliferation of cyber-threats, vocal demands from shareholders and stakeholders, new regulatory requirements, and greater levels of media visibility and public scrutiny.

Directors must ask themselves if their boards’ composition and director skill sets remain appropriate amid dramatically evolving mandates.

The National Association of Corporate Directors recently released its “2016 Blue Ribbon Commission Report.” Its recommendations stress that boards must move beyond traditional approaches to board refreshment and establish a system for continuous improvement that enable it to adapt over time as the organization’s competitive environment evolves.

We talked to Steven Walker, NACD’s general counsel and managing director of board advisory and recruitment... To get the full story, subscribe now.