Director FAQ: Setting the Board Agenda
In brief: The 2016 Report of the NACD Blue Ribbon Commission on Building the Strategic-Asset Board confirms that boards are now operating in a more complex environment due to new regulatory requirements, growing demands from investors, and digital disruption, among other reasons. Increased responsibilities for directors make setting and adhering to the agenda for board meetings more challenging. This memo addresses the process for setting the meeting agenda, topics to be included in the agenda, and leading practices for running an efficient board meeting.
This resource can help your board to
- refine the process for preparing the meeting agenda;
- determine topics for the meeting agenda; and
- integrate strategy and risk into the traditional board agenda.
Most relevant audiences: board chair, lead independent director, nominating and governance committee chair, corporate secretary, and general counsel