Governance professionals report on how their boards receive the training and education they need to fulfill their duties and how they monitor and feel about those efforts
Directors bring many things to the boards they sit on, but they cannot be expected to be up to date and fully qualified on every latest development in the world that impacts their company and every best practice for responding. That’s where director education and training come in.
Governance teams play a central role in making sure their board has the right information and skills to be able to fulfill its duties and oversee the organization. This can involve tailoring to the individual members of a board, but it must also account for the growing array of issues that investors and other stakeholders expect directors to be fluent in, such as ESG or cyber-security.
In this special report we present the results of a survey conducted among governance professionals such as general counsel, corporate secretaries and their teams. Their responses provide insight into who on the board oversees director education and training and who – outside of the board – provides those services.
We also look at which topics boards are receiving specific information or training on, how frequently governance teams check whether their board has what it needs and, ultimately, how they rate their board’s ability to oversee the key issues facing the company.
Key findings
Survey demographicsThis report is based on the findings from an online survey conducted between August and September 2022. A total of 226 respondents took part.