Effective boards in a changing world
Board members of listed firms everywhere continue to be confronted with ever-changing external pressures and ever-present internal challenges.
Among recent external pressures, the transition to International Financial Reporting Standards (IFRS) and compliance with Sarbanes Oxley (SOX) have been digested. New realities to be absorbed include increased activism by hedge funds and changed expectations of institutional investors.
Alongside these increased external pressures, the challenge to provide leadership, and to set clear goals and direction without stepping into the shoes of management, remains undiminished. It requires an ability to both oversee and yet be supportive, to actively engage board members with different perspectives and yet reach a common perspective.
Whilst the pressures and challenges facing boards are increasingly similar across governance settings, each culture retains its own sensitivities and practicesto which international directors must remain attuned.
INSEAD’s International Directors’ Forum (IDF) was created to allow a select group of chairmen, board members and active owners to exchange views and share experience on the changing context of corporate governance and on the challenge of making their boards more responsive and effective.
As before, this ISS accredited programme, now in its seventh edition, will be tailored to participants’ interests and current issues.
It is with pleasure that I invite you to join this uniquely pragmatic, international and senior two-day programme.
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