Directors' Strategic Focus: Future Time Allocation Trends PPT
This PPT slide, part of the 26-slide Board Excellence Primer PowerPoint presentation, presents insights into how directors plan to allocate their time across various functional areas over the next 2 to 3 years. The primary focus is on strategy and organizational health and talent management, indicating a shift in priorities among directors.
The data is organized in a bar chart format, where each functional area is accompanied by percentages reflecting the directors' intentions to increase, decrease, or maintain their focus. The most significant increase in time allocation is projected for strategy, with 25% of directors indicating they want to significantly increase their focus, while 27% plan a slight increase. This suggests a strong recognition of the importance of strategic oversight in driving organizational success.
Organizational health and talent management also show a notable increase, with 18% of directors aiming for a significant uptick in focus. This aligns with current trends emphasizing the importance of human capital in achieving business objectives.
In contrast, areas such as risk management and performance management show a more mixed response. While 36% of directors wish to slightly increase their focus on risk management, a significant 44% expect no change. Performance management has a similar trend, with 43% indicating no change, suggesting that these areas may not be seen as needing immediate adjustment.
Investments and M&A, as well as shareholder and stakeholder management, show a tendency towards reduced focus, with 48% and 56% respectively indicating no change. This could reflect a strategic decision to prioritize internal capabilities over external engagements.
Overall, the slide underscores a clear intent among directors to enhance their strategic focus, signaling a potential shift in governance priorities. Understanding these trends can help organizations align their strategies with board expectations.
This slide is part of the Board Excellence Primer PowerPoint presentation.
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Corporate Board Performance Management Risk Management Talent Management Stakeholder Management Organizational Health M&A Governance
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