Director performance and the ‘expectations gap’
Growing stakeholder pressure prompts changes in director recruitment, evaluation, and education, says Susan Stautberg of the WomenCorporateDirectors Foundation.
Are expectations on corporate boards today too high? Many board directors think so.
A recent global board survey found that 60% of corporate board directors believe that there is a gap between the expectations placed on boards by their stakeholders, and the reality of the board’s ability to oversee a company*. Sixty-four per cent see a moderate gap between expectations and reality, and a striking 25% say that expectations far exceed reality.
Underlying this “expectations gap” are various factors—from structural changes in regul
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