More than half of the directors and executives surveyed said their board has increased its involvement in the formulation of strategy alternatives and sharpened its focus on improving risk-related information flowing to the board.
The survey responses — from more than 1,000 directors and senior executives in 28 countries — suggest that while many boards are clearly stepping up their game, significant challenges remain, including linking strategy and risk, and addressing growing cyber security risks.
Among the key findings:
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