Most governance research and education focuses on executive control - but misses the active role of boards in contributing to the company's management and governance. The IMD Global Board Center takes a different approach, with the express aim of developing boards into the competitive advantage that the complexity of today's world requires. Both our research and education portfolio seek to strengthen the ability of board members to support, challenge and govern their company and its executives.
Providing a 360° view, sharing knowledge, and providing counterbalance and monitoring.
Our approach is not abstract or rules based, nor wedded to any particular governance system. It is about developing boards into a key asset for sustainable success. IMD research indicates that board practices are not always attuned to the new responsibilities demanded by today's business environment. In particular, boards often fail to perform well on:
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All global business and technology trends point in the same direction: there is a need for more proactive and far-sighted management of innovation. Innovation governance - a holistic approach to steering, promoting and sustaining innovation. read more (PDF)
Inspiring Stewardship helps leaders drive sustainable development and growth by balancing short- and long-term objectives amidst competing interests. By examining a range of exceptional individual and organisational stewards alongside insights from quantitative studies, this book unlocks the contributions you can make to enhance your influence and secure your legacy. read more (PDF)
Corporate events in the last decade have made it clear that boards can fail. Failure has come in various disguises: failure to manage risks, to proactively contribute to firm strategy, to identify the 'right' team, and in some cases, to deal... read more (PDF)