A Closer Look at the Emerging-Debate Over Board Tenure

Designing an effective talent strategy in the face of workforce transformation has become a top priority for organizations of all sizes, as technology and the skills needed to use it are evolving faster than ever before.

NACD, Farient Advisors, PwC, and Sidley Austin LLP convened the NACD Compensation Committee Chair and Risk Oversight Advisory Councils in October 2018 to discuss the board’s role in oversight of human capital strategy and associated risks. The discussion resulted in key takeaways for boards on how to clarify full-board and committee responsibilities, get the information needed for effective oversight, and setting expectations for management via the establishment of talent strategy metrics.