Heidrick & Struggles: Leading Boards in an Unpredictable World

In a recent report Heidrick & Struggles has found that the new business context has created a “shift from shareholder dominance to stakeholder power.” With today’s interconnected world stakeholders are often more vocal and demand a say not only in what products and services are sold but also in the way they are designed, sourced, manufactured and distributed.

With the power in the hands of the stakeholder, companies need diversity of thinking for critical business decisions. Traditional homogenous boards work well when they respond to regulation, competition, disruptive innovation, and the competing, and often contradictory, demands of stakeholders and shareholder groups. Diversity of thinking — along with gender, generational, and ethnic diversity — provides a basis for boards to view the market from multiple perspectives and seize opportunities that bring growth in an ever-changing and unpredictable world.  

The full article is published on Heidrick & Struggles’ website. Read the full report.