IMD-OWP22-PostEvent-Report-V11[8]

→Strategy

EFFECTIVE BOARD GOVERNANCE IS ESSENTIAL FOR SUCCESS

Governance has become a key driver of performance. Exploring the latest practices developed by best-in-class boards can help drive impact on financial and non- financial performance.

Boards are challenged at large and the best are becoming more agile, developing practices that help protect organizations and investments from previously unknown or unexpected risks. They also tune themselves to steward new opportunities, from ESG to other impactful transformations.

In a world of complexity, the dialectic process at the heart of governance has become essential to organizational success. Hence, optimizing governance through the four pillars of board effectiveness is key.

DIDIER COSSIN Professor of Governance and Finance

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