maandag 31 maart 2008

Making the board more strategic: A McKinsey Global Survey

Corporate directors want to spend more time developing long-term strategies to help maximize shareholder value, according to the latest McKinsey Global Survey.

However, directors say they need more information: only 45 percent report having good access to key company performance data and leading industry indicators.

Less than half of the respondents have substantive discussions with management or consider global trends and future scenarios when developing value creation plans.

Boards that greatly influence the creation of corporate value work differently: they focus on long-term strategy, have deep expertise and access to many levels of managers, and engage with management in substantive debates about long-term strategy.

Read the report >>

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