Board composition: Trends in director skill sets
Board composition is garnering more attention lately as investors continue to focus on ESG — and as the SEC prepares to launch new rules around cyber security and climate (with human capital management to follow). Recent research conducted by The Conference Board, together with a host of partners, looked at board composition from various angles examining diversity, experience and effectiveness.
In this episode, Paul Washington, Executive Director of the Environmental, Social and Governance Center at The Conference Board, reviews the report findings:
- Which board skill sets are in decline?
- How has the role of board specialists evolved (e.g., cybersecurity, finance, human resources)?
- How does Washington differentiate and prioritize hard skills vs. soft skills?