The board of directors' role in talent development is a critical issue given the widening gap between talent needs and talent resources shaped by globalization, digitization and demographic shifts, and the higher success rate of CEO's coming from inside corporations. We welcome private company, public company and not-for-profit board members to convene to hear the latest insights on best practices around talent development, a boardroom imperative. The panelists will explore how the board performs its job well without encroaching on management's role, best techniques for building a multi-year, multi-level internal pipeline of talent, and the importance of the strategic HR role. The panel will also provide insights on how to keep talent development in the forefront of the board's strategic planning and risk assessment discussions, despite cyclical ups and downs in the company's business.
Family businesses are interested in making the best possible decisions regarding new outside directors. And prospective directors are interested in understanding their unique role as an outsider on a family business board.
During this roundtable discussion, family business representatives will share their thoughts on the important considerations when bringing in an outside director, and we'll discuss the prospective director's concerns
What is SASB and Why Should You Care?
Environmental, social, and governance matters all contribute to form an organization's sustainability reporting. This area of SEC disclosure and corporate reporting is increasing in interest and demand. Employees, supply chain partners, and investors are all interested in the additional color that this reporting provides. Join the NACD Minnesota Chapter as Mr. Hirth and our guest panel explore the following questions:
What is the Sustainability Accounts Standard Board (SASB), how was it formed, and what are its mission and activities?
Why are institutional investors interested in and, in some cases, demanding these additional disclosures?
What does the SEC already require in terms of sustainability reporting?
How are the SASB suggested disclosures developed by industry and what are they?
What is the current state of sustainability reporting within and outside of Form 10-K?
Why might you consider this reporting and activity to enhance the value of your organization?
How are non-public companies approaching sustainability and reporting, and what benefits are they seeing?
What questions about sustainability should directors be asking in 2018?
The legal landscape for board members is complex and risky - recent developments include increases in securities lawsuits, M&A litigation, and emerging threats from claims related to cybersecurity, data privacy, and climate change. Join us for an interactive peer-to-peer discussion on understanding your director liability exposure and how to address it.
Real Estate Roundtable: Issues and Questions for high-performing companies.
Some directors think about their owned or leased real estate only as a means to conduct business - if they think about it at all. Directors in high-performing companies regularly challenge themselves to think about how the company is allocating all the resources at their disposal to influence growth for the organization. Are the right questions being asked in your boardroom?
The assets of companies, large and small, are facing an increased risk of losing or compromising their IP, confidential personnel and customer information, and diminished market brand to name a few. If unprepared, the consequences of a breach could result in a loss of public and investor confidence, disruption to vital infrastructure, and legal and regulatory sanctions. It is no surprise, then, that the level of board engagement in this area is also increasing. Yet overseeing a company's IT initiatives, particularly the adequacy of cybersecurity, can be a challenging task for directors.
During this presentation, Michael Corey dove into the primary questions a board member should be asking its leadership to understand the threat landscape and the risk mitigation measures being performed to protect the company's interest.