DOES TODAY’S BOARDS HINDER INNOVATION?

In May we received the answers from our survey towards CEO’s, Board Members and Chairs in Norway. What does CEO’s need from their Board under the markets demand for changed business models?

The survey shows that there exist a gap between the competence in the Board room and the support requested.

CEO’s express that they need competence and support from the Board to set strategic direction – but does not get it. CEO’s miss sparring in industry expertise, as the possibilities within digitalization and artificial intelligence.

The Boards sees the situation differently and needs the CEO’s to be clearer.

The survey shows an undisputable correlation between the CEO’s that perceive their Board as relevant sparring partners and their focus on the key parameters that creates values. A value creating Board is in the interest of the owners.

Attached a small taster of the survey in Norwegian, for your light conversations during summer.

Wish you all a nice summer!

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