Despite the media attention on issues of diversity, the pace of progress around diversity in corporate boardrooms remains challenging. Half—49.5 percent—of United States boards in the U.S. Russell 3000 Index currently have two or more female directors, but only 17 percent of the total of boardroom seats on the Index are held by women.
This is the latest edition of an ongoing series exclusive to the Business Journal from the National Association of Corporate Directors New England chapter, offering a preview of a panel on proxies and disclosures.
The cyber risk landscape is quickly evolving and cyber breaches are becoming increasingly common. Organizations have been slow to catch up with the new threat landscape. The fastest growing threats today are coming from outside the network — digital and social media and third party vendors. Yet organizations are still organized to focus primarily on more traditional IT security risk management They are not updating their processes and policies or investing in tools and technologies to comprehensively address the latest and fastest growing threats. As the cyber risk landscape evolves, cyber risk management must evolve as well to truly ensure security, privacy and data protection. In addition, the public’s awareness of the importance of digital risk management and attention to how companies handle data and privacy is increasing. Digital risk management can affect consumer trust, customer loyalty and even shareholder value.
Being named to a board of a directors at an established company may seem out of reach — especially if you're under 50. Or a woman. Or a minority. Or you haven't made it to the C-suite (yet).
More than a good education and a strong résumé is needed to get a seat on a public company's board of directors. There's help available for the journey, though, and both national and local groups are finding ways to engage in the work.
My recent keynote topic at a Women Corporate Directors event was “The Brains of the Board -- How to Drive an Effective Board.” Much of my discussion centered around neurochemistry, in turn, sparking conversations about gender differences in the brain and then segued into the all-so-familiar topic of diversity in the boardroom.
SAN MATEO, CALIF. (PRWEB) FEBRUARY 13, 2019 CSIRO US, Australia’s pre-eminent national science organization, today announced that Executive Vice President and head of North American operations, Susan Lucas-Conwell, has been named a Board Leadership Fellow by the National Association of Corporate Directors (NACD). As the recognized authority in boardroom practices, NACD prepares board of director members to address current and emerging challenges while strengthening investor trust and public confidence.
Whose responsibility within a company is cybersecurity? Should key decisions fall to IT, or should higher management be involved more heavily in day-to-day cybersecurity risk management? Given the large fines and compliance obligations facing companies today, it’s probably obvious to most that data privacy and security is not just a technology issue.
The National Association of Corporate Directors New England Chapter event on Feb. 12 in Boston focuses on the best strategies for boards and managers to reduce the likelihood and impacts of catastrophic risks. Here's a Q&A with professor and author Howard Kunreuther, co-director of the Risk Management and Decision Processes Center at the Wharton School, University of Pennsylvania.
Lawrence Cunningham, University of Delaware economics alumnus and leading authority on corporate governance and culture, was awarded the 2018 B. Kenneth West Lifetime Achievement Award. This prestigious award comes from the National Association of Corporate Directors (NACD), the authority on boardroom practices.