- The 2023 Governance Outlook recently published by NACD looked at the key trends that will impact boards in 2023 and how directors plan to adapt
- Below are the top trends the 300+ directors that participated in NACD’s 2023 Trends and Priorities Survey foresee having the greatest impact on their company over the next 12 months
Note: Respondents selected top five trends each
Source: National Association of Corporate Directors (NACD)
On top priorities of 2023, the survey concludes…
- Despite the threat of a recession topping the list, increased competition for talent ranks second
- While the impact of COVID-19 ranks low, the growing Inflation and global supply chain disruptions COVID-19 initiated rank high due to ongoing geopolitical instability
- Increased regulatory requirements and changing cybersecurity threats round off the top six concerns
► ILMAM’s Optimal Board Program framework can help companies optimize their overall board work cycle, while considering the relevant drivers and trends