NACD Audit Committee Chair and Nominating
and Governance Committee Chair Advisory Councils
Addressing the Challenges of Expanding Board and Committee Agendas
Board agendas keep expanding in order to address emerging issues that demand increasing attention from boards.
How can boards and committees continue to scale up their capacity for overseeing the major risks on their agendas? How should they address the concerns risk oversight raises among investors and regulators? This complimentary briefing explains how audit and nominating and governance committee chairs can improve their risk-oversight strategy:
- Use ad hoc committees to cope with expanding oversight requirements.
- Leverage evaluations and carefully review charters to ensure that committees are focusing on clearly-defined priorities and responsibilities.
- Ensure directors’ skills are keeping pace with rapidly-evolving and future issues.
- Increase meeting efficiency with prereads, consent agendas, and other tactics.
- Communicate risk-oversight priorities and processes to investors and regulators.
These findings are drawn from insights voiced in a meeting of Fortune 500 audit and nominating and governance committee chairs.
Download this briefing by filling out the form to help ensure your board is prepared to contend with the challenges of expanding agendas.
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