A strategic, forward-looking vision and open dialogue between executives and NEDs were identfied as the most mportant characteristics of a high-performing board, according to our NED Retreat survey last year.
Other findings include:
• Company culture is top of the agenda for boards in the current environment
• Over half of respondents think the time NEDs spend on governance can
diminish the value they deliver to the company
• 64% of pollers believe executives don’t fully understand the role of NEDs
• Two-thirds of NEDs and chairs do not frequently meet the HRD to discuss