From the NACD Library:

Report of the 2015 Blue Ribbon Commission:

The Board and Long-Term Value Creation

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Leaders in all organizations face short-term pressures ranging from economic conditions to competitor activities to demands from shareholders and stakeholders. It can be extremely difficult for management teams—and board members—to set aside immediate demands and concerns in the interest of long-term goals that might seem distant and abstract. The Report of the NACD Commission on the Board and Long-Term Value Creation emphasizes that directors have a fundamental responsibility to ensure that the organization's short-term actions are well-aligned with its long-term strategy. It focuses on the specific levers the board has to encourage this alignment, and includes specific recommendations, suggested action steps, and boardroom tools.

The complete report is available exclusively to NACD members. Download a complimentary copy of the executive summary of this report.

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The National Association of Corporate Directors (NACD) delivers insights and resources that more than 17,000 corporate director members rely upon to make sound strategic decisions and confidently confront complex business challenges. NACD provides world-class director education programs, national peer exchange forums, and proprietary research to promote director professionalism, ultimately enhancing the economic sustainability of the enterprise and bolstering stakeholder confidence. Fostering collaboration among directors, investors, and governance stakeholders, NACD is shaping the future of board leadership.

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