Odgers Berndtson:How Leaders Can Strategize Their Board Culture
Jane Firth and Rachel Slattery consultants from Odgers Berndtson published new insights
The importance of the board in establishing culture and purpose has been reinforced by the emphasis on environment, social and governance (ESG) factors.
The “S” in ESG, which encompasses aspects such as diversity, equity and inclusion, has received particular attention. There is now a leaning for more organizations to respond to social issues, which extends to their board culture - these expectations are continually evolving, particularly in response to societal and generational shifts.
Younger generations are demanding greater transparency and accountability from organizations on issues such as environmental, sustainability and ethical governance. Meeting these expectations requires boards to be agile and responsive, continuously assessing and adapting their culture to align with changing societal demands.