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ARTICLE · 25 JULY 2024

Under Pressure—Rethinking Board Practices

Jones Day
Jones Day
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Jones Day

Jones Day

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The Situation: Boards of directors face increasingly intense workloads, pressure to respond to developments in real time, and exposure to a higher level of legal risk than ever before.

United StatesCorporate/Commercial Law
Randi Lesnick
Randi Lesnick
Andrew Levine
Andrew Levine
Joel May
Joel May
Jennifer Lewis
Jennifer Lewis
Author LinkedIn connections

In Short

The Situation: Boards of directors face increasingly intense workloads, pressure to respond to developments in real time, and exposure to a higher level of legal risk than ever before.

The Result: Boards should assess their routines and commitments and consider changes to make it easier to navigate their workloads and sharpen deliberations.

Looking Ahead: Rethinking board practices and assessing director capacity may help directors fulfill their responsibilities more effectively and optimize the overall performance of the board.

Today's corporate boards are facing unprecedented challenges, an evolving and expanding risk profile—and a significantly heavier workload. Demands of board service have risen as director responsibilities must take into account increased regulation, expanding concepts of risk oversight, a highly complex business environment, geopolitical factors, and social dynamics. Even those who adhere to notions of shareholder primacy

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