The biennial GNDI Global Director Report, which drew a total of 1,071 respondents, offers valuable insights into views on business confidence; social, economic and environmental issues and risks; technology and data management; key management practices; and how boards can improve director effectiveness and capabilities. Participants came from institutions in the Americas, Asia Pacific, Europe, Africa, and the Middle East.
The key findings are as follows:
- Long-term strategic focus: Directors see the need for a long-term, robust strategy in an environment dominated by short-term pressures. 66% of directors see this as their top priority to support business success.
- Diversity and inclusion: directors see diversity as a means to improve board performance over the next three to five years. Eighty-three percent of directors believe that technological advances will require changes in board structures through 2030 and beyond, with results suggesting an urgent need to close the cyber skills gap.
- Board evaluations: More than 50% of directors indicate that improving board evaluation processes is a top priority for them to improve board performance.
- Rigorous decision-making: Nearly 50% of directors consider rigor in decision-making to be their top priority when it comes to improving processes for the effective functioning of their boards.
About GNDI:
The Global Network of Director Institutes (GNDI) is a network of leading director institutes, including the Swiss Institute of Directors (SIoD). It was established in 2012 to foster closer collaboration among its members. The global reciprocity program helps directors and their boards of directors access resources from directors around the world. The GNDI includes 24 institutes representing more than 150,000 directors and other governance professionals.
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