A year ago, a joint report prepared by the National Association of Corporate Directors (NACD), Protiviti and the North Carolina State University’s ERM Initiative advanced the view that boards may not be overseeing the appropriate risks. The report highlighted five areas demanding increased board focus: innovation and technology disruptions, growing cyber threats, competition for talent, evolving economic conditions, and political and regulatory changes.
The report outlined a road map for strengthening the board’s risk oversight in today’s complex and unpredictable marketplace. In this issue of Board Perspectives
, we cover the four points defining that road map.