Why 2021 is a year of opportunity for boards to build business resilience
Integrated thinking connects companies to the needs of their stakeholders, which fosters business resilience and creates long-term value.
Image: Rachaphak/Shutterstock
The IIRC’s founder and Chair Emeritus, Professor Judge Mervyn King, recently said that “business is a part of society, not apart from society”. This message has never been more relevant than in 2021.
Business resilience continues to be strongly tested in the wake of the Covid-19 pandemic and, as the World Economic Forum’s 2021 Global Risks Report revealed, rising socio-economic inequality and the challenges of environmental sustainability remain the context for the year ahead. The systemic scale of these risks poses challenges for organisations’ boardrooms. At the heart of decision-making and implementing real change, a board nee
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
Burberry shareholders revolt against executive pay report
Nearly a third of Burberry shareholders voted against the fashion retailer's remuneration report over concerns about executive pay, including that of outgoing CEO Christopher Bailey.
-
Pandemic shows ‘broader range of expertise’ is needed on boards
The 'multidimensional impact' of Covid-19 underlines the need for greater boardroom diversity, says the Institute of Business Ethics.
-
Compliance: take it or leave it
Compliance with regulation and the law is an essential part of business, but a new report reveals that companies are aware of failings and that the appetite for abiding by the rules is surprisingly low.
