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Dear Santa, Can You Fix My Board?

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Editor’s Remarks:
Besides Boards showing their difficulty in keeping up with innovation by wishing for more tech-based expertise, a large percent expect more active CEOs and COOs in their companies. A recent study by Harvard Business Review showed that anxious company leaders tend to avoid making riskier decisions, although they would lead to tangible gains for the company, on fear of losing their jobs. It is, therefore, a vicious circle – boards have higher demands, and the stress of meeting the expectations pushes them to perform less. Boards also want more women and minorities in the workplace. Looking at just women, the number of senior female executives in the companies that form the FTSE 100 has not increased in more than two years and it sits at a low 17%. For minorities, it is even worse, falling from 6 to 4 in total.

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