Board Members Want More Time for Succession Planning, Competitive Analysis and Risk Management

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Corporate directors of mid-sized companies are concerned about leadership, marketplace competition and the state and quality of the organization’s risk management capabilities—and they want to spend more time on these issues.

In a new article focused on a new approach to strengthening strategic decision-making, IMD Professor Phil Rosenzweig writes that management “is precisely about influencing outcomes over time.” Succeeding on this count, of course, hinges on where managers, executives and board members invest their time. On this count, BDO USA’s “2013 Board Survey” is helpful. The survey of 74 corporate directors of public company boards (of companies with revenues from $250 ...

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GRC expert Eric Krell supplies the Business Finance community in-depth articles and commentary examining governance, risk, and compliance.

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