Compensation News


Corporate Board Leaders' Blog

Late last month, the US Securities and Exchange Commission (SEC) approved nonbinding guidance urging public companies to “inform investors about material cybersecurity risks and incidents in a timely fashion.” The guidance, which gives greater urgency to current cybersecurity risks, builds on an earlier document issued in 2011. In the SEC’s words, “Cybersecurity risks pose grave... Read More
Author: Peter Gleason
Posted: March 20, 2018, 3:51 pm
Two NACD panels recently tackled issues surrounding sexual harassment in the corporate setting, and how directors should act and react to issues that could have profoundly negative impacts on company reputation and workforce satisfaction. Key takeaways for directors ranged from careful CEO hiring to board composition. The following concepts could be readily applied to your... Read More
Author: Kimberly Simpson
Posted: March 15, 2018, 6:58 pm
The entire board relies on the hard work of the audit committee to meet its overall objectives. But audit committees today are faced with the heavy burden of regulatory mandates and growing investor expectations. Workloads are increasing, and they have to oversee more complex areas. Many audit committees are asking whether they have the right... Read More
Author: Paula Loop
Posted: March 13, 2018, 3:18 pm
More than ever, organization leaders need committed counselors—individuals who will push them to greater heights and encourage them to pursue transformation. They need objective individuals who can advise, envision, and strategize for long-term success. To find these advisors, companies are looking to their boards. Yet at the same time, the role of the board is... Read More
Author: Sanjay Gupta
Posted: March 9, 2018, 3:33 pm
In his classic treatise on the Wealth of Nations, Adam Smith noted a discrepancy between the interests of owners and the managers who are handling those “other people’s money.” In the twentieth century, Michael C. Jensen and William H. Meckling—citing Smith as well as Adolf A. Berle and Gardiner C. Means’s The Modern Corporation and... Read More
Author: Edward Waitzer
Posted: March 6, 2018, 4:47 pm
When it comes to innovation, boards are notorious for sending conflicting messages. They want to hear assurances of innovation and predictability from management in the same breath. Unfortunately, innovation and predictability don’t go hand-in-hand. Simply put, innovation can’t exist without risk. In fact, the two are easily understood as a marriage—they show up together and... Read More
Author: Corey E. Thomas
Posted: March 5, 2018, 3:14 pm
Companies today fall into two groups: those that have been breached and know it, and those that have been breached but don’t know it. The realities of managing cyber risks are that breach risks are impossible to eliminate, resources for managing them are finite, risk profiles are ever-changing, and getting close to secure is elusive.... Read More
Author: Jim DeLoach
Posted: March 2, 2018, 3:04 pm
It seems recently that one can’t escape reading stories about poor leadership gone wrong. It’s time for action from the boardroom, and it’s no longer good enough to ask unstructured questions about a company’s helpline. Nor is good enough to rely on one’s own experience, instinct, and blind spots in the boardroom to hold management... Read More
Author: Andrea Bonime-Blanc
Posted: February 26, 2018, 4:30 pm
Over the years, the Consumer Electronics Show (CES) in Las Vegas has featured miles of technology and millions of people—2.75 million square feet for 3,900 booths and nearly 185,000 attendees in 2018 alone. Under those tents are innovations that will disrupt markets and your companies. The question is, which ones? Not every innovation is disruptive,... Read More
Author: Peter Gleason
Posted: February 20, 2018, 3:46 pm
Innovation and disruption are now commonplace in strategy discussions between the board and C-suite. Even innovations outside of a company’s own mission are changing everything from customer expectations to business operations. While the board’s agenda has evolved to include discussion of issues such as emerging technologies and workforce disruption, corporate directors must still contend with... Read More
Author: Stessy Mezeu
Posted: February 19, 2018, 8:48 pm