2020 Strategic Risks for Boards

In brief: M&A activity has been volatile as the coronavirus pandemic has shifted business priorities and halted or instigated deals. As boards have worked to help their management teams navigate the current M&A environment, it has become increasingly important that boards understand how both their own companies and their acquisition targets are dealing with disruption in key risk areas. Trade compliance, tax issues, and data privacy remain key risks for boards in 2020. This brief, written by Baker Tilly and originally appearing in the 2020 Governance Outlook: Projections of Emerging Board Matters, focuses on ensuring that boards remain prepared to provide oversight of critical risks for their management teams and overall strategy.

This resource can help your board to

  • consider key risks affecting the current business model,
  • assist management in evaluating how M&A deals might fit with overall strategy, and
  • understand which key risks the board should prepare to face. 

Most relevant audiences: Lead director, risk committee chairs, risk committee members, audit committee chairs, and audit committee members