Amrop: Raising the Bar for the Nominations Committee

In this article Amrop argues that the role of Nominations Committee will only become more visible as it comes under further scrutiny. Stakeholders and external pressures on boardroom Nomination Committees can vary depending on geographical region. Often pressures include emphasis on gender diversity, shifts in technology, and are often linked to growth and globalization.

Institutional investors have become much more vocal on the importance of succession planning and greater engagement between boardrooms and investors. Given these challenges, one critical area of expertise is clearly needed – strategic human capital development. Businesses of all sizes can only gain from increased rigor and transparency in their processes, a more open dialogue regarding their human capital management, integration and forward-looking thinking.

Nominations Committees hold the potential to be a highly-effective interface between needs and action. This interface needs to take into account several perspectives, from the demands of investors, to the human capital function at its highest strategic level, within the framework of a changing governance code. In turn, the human capital function should be wired into two critical dimensions – the organization’s talent circuit board and also, its corporate strategy.

The full article is published on Amrop’s Thought Leadership. Read the full report.