Seeking to raise your board resilience? We can guide you.

1970 Milton Friedman was wrong.

In his 1970 essay, the Nobel Prize-winning economist wrote that companies have no social responsibility beyond making money for shareholders. This doctrine of shareholder primacy guided generations of business executives, board members, and policymakers who ensured that firms forged ahead in the free market with profits as the sole objective.

2023 Corporate Governance is ever evolving and needs continuous reshaping.   

Nowadays stakeholders want companies to be transparent and authentic about environmental, social, and corporate governance goals (ESG) and their use of emerging technologies.

Environmental damage, social and racial injustice, gender inequality, the COVID-19 pandemic, technological disruption and geo-political pressures are pushing companies to take a broader look at their purpose and mission.

Firms are seeking ways to increase their resilience. For example, by adjusting the profile of directors that they’re onboarding. They want more collaborative board members with specific expertise in areas such as ecosystem impact investing, diverse and inclusive human resources, high quality auditing and accounting, crisis management, sustainability, and the use of artificial in intelligence.

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