Increasing Board Focus on Strategic Oversight PPT

This PPT slide, part of the 26-slide Board Excellence Primer PowerPoint presentation, presents a comparative analysis of how directors allocate their time to various board activities in 2015 versus 2013. It highlights a significant increase in the time devoted to strategic planning, which rose from 7.85 days in 2013 to 8.91 days in 2015. This trend indicates a growing recognition of the importance of strategy in board governance.

The chart categorizes different board functions, showing the number of days directors spent on each area. Performance management follows strategy, with an increase from 5.23 days to 7.26 days. Core governance and compliance also saw a slight uptick, while investments and M&A activities experienced a notable rise from 3.30 days to 4.46 days. Risk management and organizational health show relatively stable time commitments, with minor fluctuations.

The right side of the slide lists the functional areas where boards felt most effective over the past year. Strategy stands out prominently, with 37% of respondents identifying it as the area of greatest impact. Performance management and risk management follow, indicating that while strategy is prioritized, other areas remain critical for board effectiveness.

This data suggests that as the complexity of business environments increases, boards are adapting by focusing more on strategic oversight. The insights provided can help potential customers understand the evolving role of boards and the necessity for effective governance practices. The emphasis on strategy not only reflects current trends, but also underscores the need for boards to align their efforts with long-term organizational goals.

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Corporate Board Strategic Planning Performance Management Risk Management Organizational Health M&A Governance Compliance