McKinsey Global Survey on Board Governance

McKinsey Global Survey on Board Governance

Directors know more about the company, but need to put more time in, and (EUREKA!) Directors understand the strategy better!

According to McKinsey Quarterly Directors say a greater portion of their boards’ time is now spent on strategy, while they are spending less time than before on M&A. The share of time spent on strategy is even greater at private-company boards than at public companies, which tend to spend more time on compliance.

When looking ahead, Directors summerise the future issues in:

  • Increased attention to risks
  • Make time
  • Learn from peers

Read more here.