Make Corporate Boards More Effective With the 3 ‘Must Dos’ for General Counsel
Description
Listen to the parts of the discussion most relevant to you:
- The role of the GC in board effectiveness (3:52 )
- How GC can recruit better directors (4:42 )
- Policies to refresh the slate of directors (7:34 )
- Ways the GC can improve the board’s social dynamics (9:24 )
- Practices to revamp information packets (10:38 )
- What to do to manage pushback from executives (13:18 )
- Which tactics have the most impact (14:54 )
- How GC can monitor their efforts (15:46 )
Should your board of directors ride on a bus together? That’s how one general counsel (GC) promotes better board effectiveness, according to Gartner analyst Alissa Lugo. Getting directors to engage with each other outside the boardroom is one of the tactics host Laura Cohn and Alissa discuss in this episode of the Strategic GC. This engagement and increasing board effectiveness is vital, as only half of organizations have effective boards, according to the 2023 Gartner Corporate Governance and Board Management Benchmark Survey. When general counsel take steps to make the board more effective, they play a big role in helping organizations navigate an ever-shifting web of economic, social and geopolitical pressures.