Strategy, Structure, And Talent: Why They Matter In Uncertain Times

Uncertainty is the mainstay of the present global economy. The eurozone saw a winter recession and faces challenges ahead. And while some initial signs point to the possibility of a "soft landing" rather than full-on recession for the United States, the outlook isn't all rosy. Continued concerns around inflation, climate change, the war in Europe, and continued disruptions to the global supply chain leave plenty of ambiguity regarding the interconnected impact to global markets. In times such as these, the most effective boards stay steadfastly focused on strategy, structure, and talent.

Directors, of course, hear a lot about strategy-and for good reason. A clear strategy is the compass necessary to stay the course, even in turbulent times. And given the current job market, the topics of succession and effective leadership are often at the top of every board's agenda.