Most organizations face an uncertain future that will be shaped by a mix of exciting market opportunities and emerging threats. With unrelenting, continuous and disruptive change the norm, board members must ask themselves a fundamental question: “Are we future-ready?”
The term “future-ready” captures an action orientation that directors should consider carefully as they strive to increase the confidence with which they face a dynamic future. How do directors assess whether the boards on which they serve and the companies they oversee are truly future-ready? This issue of Board Perspectives: Risk Oversight provides eight suggestions for preparing to be a future-ready board.