This stimulating new series with Didier Cossin, Professor of Governance and Founder and Director of the IMD Global Board Center, hosts well-known board members and chairmen/chairwomen to discuss best governance practices. Inspired by Professor Cossin’s recent book of the same title, High performance boards delves into topics such as accountability, responsibility and stewardship, amongst others.
With decades of influential tips, advice and examples from both Professor Cossin and those of his expert guests, this series is essential viewing for today’s board members, senior managers, investors, lawyers and students of governance.
In the first session, Chairman of the IMD Foundation and Supervisory Board, Board Member of Vodafone Group PLC, Astra Zeneca PLC and Deputy Chairman of Louis-Dreyfus Company Holdings B.V. Michel Demaré examines how the role of the board is changing due to the COVID-19 crisis. He urges boards to consider the bigger picture concerning current challenges, including the health and well-being of employees in addition to bottom lines.
Demaré answers the question of what makes a great board member and emphasizes that stakeholder communications should be prepared well in advance.
Professor Cossin and Demaré finish the conversation by discussing sustainability and stewardship, and how it relates to boards today. Demaré provides his advice for addressing diversity and social inequality, pointing out the COVID-19 crisis has only intensified certain injustices.