IMD Annual Report 2021

51 Faculty and Research

Highlights

The Board Practice Series, a pathway to certified board excellence, enjoyed its strongest year since its 2018 launch, more than doubling its participants (to 212) and revenue compared to 2020. The center continued to provide impactful customized programs, with clients ranging from state-owned enterprises, public corporations and leading family businesses to international organizations and global banks. Research The center further cemented its reputation as a leader in governance research, with an article on CEO option pay and the pay gap, co-authored by Term Research Professor Stephen Smulowitz, appearing in the FT50 journal Organizational Behavior and Human Decision Processes. The center submitted a further four articles for FT50 publication in 2021 and also presented research at leading conferences such as the Academy of Management Conference and the International Corporate Governance Society Conference. Outreach The center offered support to international NGOs, such as the International Committee of the Red Cross, to nurture best governance practice as well as engaging with the Professional Boards Forum to promote female board appointments. The center also collaborated with the Institute of Corporate Directors on a series of engagements in the Philippines.

1

FT50 article published

FT50 articles submitted for publication

4

conference presentations

5

thought leadership articles

3

custom programs

6

open programs

12

diploma graduates, 3 with distinction

12

SINCE 2010

custom board programs

85+

open board programs

55+

alumni of board programs

2700+