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Accountability makes some directors uncomfortable. It takes character not to feel threatened by an independent review of board performance.
Board service is becoming increasingly complex. To face the significant challenges ahead, it's important to not only plan, but to truthfully look in the mirror to strengthen your board's culture. Organizations must either transform the way they work based upon leaps in technology, global competition and growing consumer expectations, or risk being left behind. Strategic governance transformation and oversight is required to ensure compliance with the evolving regulatory environment as well as changes in investor expectations and potential shareholder and class action lawsuits.
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