Board

Cloud computing has become the backbone of modern business, powering everything from customer platforms to AI-driven analytics. Across Africa, organizations are rapidly migrating workloads to global hyperscalers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. This shift promises scalability, speed, and cost efficiency. Yet it also introduces new risks (cloud concentration, escalating costs, and rising demands for data sovereignty) that boards can no longer ignore.

The Concentration Risk
Many African enterprises rely heavily on a single cloud provider to host critical services. While this simplifies operations in the short term, it creates strategic vulnerabilities. Outages, contract disputes, or geopolitical tensions can disrupt mission-critical processes with little warning. Global regulators are beginning to recognize this systemic risk. In some markets, financial institutions are already required to demonstrate exit strategies or multi-cloud plans to reduce dependence on a single provider.

Boards should ask management to identify “single points of failure” in their cloud strategies and to develop cloud concentration risk frameworks. This includes plans for workload portability, exit clauses in vendor contracts, and clear service-level agreements (SLAs) that define penalties for downtime.

The Cost Governance Challenge
Cloud services are often billed on a usage basis, which can lead to budget surprises as data volumes and AI workloads grow. Without strong governance, costs can spiral as departments launch new applications or scale AI experiments. Emerging best practices such as FinOps (financial operations for cloud management) help organizations monitor usage, allocate costs to business units, and forecast spend. Boards should require regular reporting on cloud expenditures and insist on dashboards that track unit economics, particularly as AI adoption accelerates.

Digital Sovereignty Pressures
Beyond cost and concentration, data sovereignty is gaining prominence in Africa. Countries including Nigeria, Kenya, and South Africa are tightening requirements for where sensitive data must reside and how it can be transferred across borders. For organizations in regulated sectors such as banking, healthcare, and government services, compliance with these rules is a board-level responsibility. Boards need to ensure that management defines data residency guardrails before deploying new workloads or AI pilots that handle personal or critical data.

Practical Actions for Boards

Approve a Cloud Concentration Risk Strategy
Require management to present mitigation plans, including multi-region or multi-cloud resilience for mission-critical workloads.

Mandate FinOps Practices
Establish policies for continuous cost monitoring, usage forecasting, and executive-level reporting to prevent waste.

Define Data Sovereignty Guardrails
Ensure legal, risk, and technology teams collaborate to meet local data residency and privacy requirements before launching new projects.

The Board Advantage
By addressing cloud concentration, cost governance, and sovereignty in tandem, African boards can strengthen operational resilience, negotiate better vendor terms, and avoid regulatory penalties. These actions not only protect the organization but also build investor confidence that the company can grow sustainably in an increasingly digital economy.

Cloud is the engine of digital transformation, but without informed oversight, it can also become a source of hidden risk. Boards that act now will safeguard their organizations while unlocking the full value of cloud innovation.

Artificial intelligence (AI) is no longer a distant frontier. Across Africa, it is shaping how businesses manage risk, compete for customers, and create value. Yet for many organizations, AI remains a technology applied to operations or customer service, not to the boardroom itself. As regulatory pressures grow and market dynamics accelerate, forward-looking boards are beginning to ask a new question: how can AI be integrated into governance to improve oversight and decision-making?

The opportunity is significant. AI systems excel at analyzing large, complex datasets and identifying patterns that humans may overlook. For boards charged with stewarding strategy and risk, these capabilities can enhance everything from financial oversight to sustainability reporting. In an era of rapid digital change, AI can help directors move from reactive supervision to proactive leadership.

Practical Pathways for Integration

African boards can begin by applying AI in three key areas:

Enhanced Risk Management and Compliance Monitoring
AI tools can continuously scan internal and external data: financial transactions, cybersecurity logs, regulatory updates to flag anomalies or emerging risks. For example, natural-language processing can sift through changing data-protection laws in multiple jurisdictions, alerting directors to new obligations such as Nigeria’s Data Protection Act 2023 (NDPA) or South Africa’s POPIA. Machine-learning models can identify early indicators of cyber intrusions or supply-chain vulnerabilities, enabling faster and more informed board responses.

Improved Board Decision Support
Generative AI and predictive analytics can summarize market trends, competitor moves, and stakeholder sentiment, giving directors deeper insight before critical votes. AI-powered dashboards can integrate financial performance, ESG metrics, and operational data into easy-to-interpret visual reports, allowing boards to focus on strategic discussion rather than data gathering.

Strengthening Talent and Succession Planning
Boards are responsible for ensuring that management teams have the right skills for a digital economy. AI-driven talent analytics can help directors evaluate workforce capabilities, predict skill gaps, and benchmark executive performance. In markets where digital talent is scarce, this intelligence supports more targeted recruitment and retention strategies.

Governance Considerations

Integrating AI into board processes is not without risk. Data quality, algorithmic bias, and cybersecurity must be carefully managed. Boards should establish clear policies on how AI systems are selected, trained, and audited. Independent assurance, whether through internal audit or third-party review helps build trust in AI outputs. Directors must also ensure that AI complements rather than replaces human judgment. The board remains ultimately accountable for decisions, even when AI tools inform those decisions.

Steps for Boards to Take Now

Approve an AI Governance Charter that defines roles, responsibilities, and oversight mechanisms for any AI used in board activities. This should align with recognized frameworks such as the NIST AI Risk Management Framework (AI RMF 1.0) and draw on standards like ISO/IEC 42001:2023 for AI management systems.

Pilot AI-driven reporting tools in committees where data complexity is high, for example, audit, risk, or sustainability committees. Starting small allows directors to test functionality and refine protocols before scaling.

Upskill the board through targeted digital and AI education. Directors should understand AI fundamentals, ethical considerations, and key regulatory trends, including the potential extraterritorial effects of laws like the EU AI Act on African firms trading with Europe.

Refresh board composition to include at least one member with digital or AI expertise, ensuring that oversight is informed and credible to investors and regulators.

The Bottom Line

AI is redefining competitive dynamics across Africa, and the boardroom is no exception. By integrating AI into governance practices, African boards can strengthen oversight, accelerate strategic insight, and demonstrate leadership in responsible innovation. Those that act now will not only keep pace with regulatory demands but also set a new standard for corporate excellence in the digital age.

The-Boardrooms-Role-in-Fighting-Africas-Rising-Cyber-Threats.png

Cybersecurity is no longer a back-office concern, it is a boardroom priority. For African organizations, the stakes have risen sharply as digital transformation accelerates and attackers exploit both technological and governance gaps. Whether it’s ransomware disrupting operations, supply-chain breaches exposing sensitive data, or insider threats undermining trust, cyber incidents carry financial, legal, and reputational consequences that demand active oversight from boards of directors.

The global regulatory environment is reinforcing this urgency. In the United States, the Securities and Exchange Commission (SEC) introduced new cybersecurity disclosure rules in 2023 requiring publicly listed firms, including African companies with U.S. listings or depository receipts to report material cyber incidents promptly and to describe how their boards oversee cyber risk. While these rules apply primarily to U.S. markets, they signal a broader trend: investors, regulators, and customers worldwide increasingly expect boards to demonstrate clear, measurable cyber governance.

For African companies aiming to attract foreign investment, enter international markets, or partner with global firms, these expectations set an implicit standard. Even where local regulations remain less stringent, failure to meet global norms can damage reputation and restrict market opportunities. Nigeria’s Data Protection Act 2023 (NDPA), South Africa’s Protection of Personal Information Act (POPIA), and Kenya’s Data Protection Act are early indicators that African regulators are moving in the same direction. Boards that act now can get ahead of these changes while protecting their organizations from costly breaches.

Practical Steps for Boards

Establish or Empower a Board Cyber/Risk Committee
Create a dedicated cybersecurity or risk committee, or strengthen an existing risk committee’s mandate. This group should receive regular briefings on threat intelligence, security investments, and key performance indicators such as time-to-detect and time-to-contain.

Run Cross-Functional Incident Simulations
Tabletop exercises involving legal, operations, and communications teams help directors understand how disclosure decisions are made under pressure. These simulations test crisis protocols and reveal gaps before a real incident occurs.

Demand Independent Assurance
Require management to provide third-party risk assessments, penetration test results, and progress reports on identity management and zero-trust architectures. Independent assurance gives the board confidence that controls are effective and evolving with new threats.

Integrate Cyber Risk into Enterprise Strategy
Cybersecurity should not be treated as a technical silo. Boards need to see cyber resilience embedded into business continuity planning, mergers and acquisitions due diligence, and supply-chain oversight.

The Payoff for Proactive Oversight

Boards that embrace cyber resilience enjoy multiple benefits: faster and more coordinated responses to attacks, improved investor confidence, and stronger readiness for disclosure requirements in multiple jurisdictions. Early action also protects customer trust, an increasingly critical differentiator in competitive African markets.

Cyber threats will continue to evolve, but boards that take ownership of this challenge can turn risk into opportunity. By embedding cyber resilience into governance practices today, directors can protect their organizations, strengthen stakeholder trust, and position their companies for sustainable growth in a digital-first economy.

In a business landscape defined by disruption, volatility, and rapid technological change, the need for agility within organizational structures has never been more pressing. Companies are redesigning their operating models, hierarchies, and workflows to respond faster and more intelligently to emerging trends. However, one critical component often overlooked in these transformations is the development of the people who must operate within these newly designed systems.

At H. Pierson Associates Limited, we understand that organizational agility isn’t achieved solely through structural redesign — it’s sustained by a workforce that is well-equipped, forward-thinking, and continuously learning. Learning and development (L&D) is not just a support function in this regard; it is a strategic enabler of organizational agility.

Bridging Structure with Capability Organizational redesign often focuses on aligning structures with strategy, optimizing workflows, and enhancing decision-making processes. Yet, for these structures to function effectively, the people within them must have the capability to understand, adapt, and thrive in their new roles. That’s where targeted learning pathways come into play.

H. Pierson’s Learning Solutions work hand-in-hand with transformation teams to identify capability gaps created by new organizational designs. These gaps often include soft skills like change readiness, leadership, and cross-functional collaboration, as well as technical skills such as data analysis, digital fluency, and agile methodologies.

Customized Learning for Role Readiness When organizational structures shift — whether through decentralization, flattening, or digitization — employees are frequently asked to take on new or expanded roles. Without adequate preparation, this leads to confusion, low morale, and inefficiencies. Through role-specific learning journeys, we ensure employees understand what is expected of them and are equipped with the tools and knowledge to perform.

These learning paths are customized based on the organization’s objectives and the competencies required for each function. For example, managers moving from command-and-control roles to coaching-based leadership structures receive training in performance dialogue, situational leadership, and emotional intelligence.

Upskilling for Collaboration and Innovation Modern organizational design emphasizes agility, which in turn relies on seamless collaboration across functions. However, true collaboration doesn’t happen automatically — it needs to be cultivated. Our learning solutions focus on building critical skills such as systems thinking, team dynamics, and innovation facilitation.

We provide workshops and simulations that replicate real business scenarios, encouraging employees to step outside of silos, co-create solutions, and drive value collectively. By training teams in agile project management and lean principles, we enable faster, smarter decision-making at every level.

Change Management Readiness Resistance to change is one of the biggest obstacles in any transformation effort. It’s human nature to resist unfamiliar systems, roles, or expectations. Our learning programs address this head-on through change management training. Employees are taught to reframe change as an opportunity rather than a threat.

We deliver content that enhances psychological safety, builds resilience, and encourages proactive engagement with new processes. Leaders receive additional training in managing change communication and in sustaining momentum throughout the transformation journey.

Learning as a Strategic Lever Many organizations mistakenly separate their organizational design efforts from their learning strategies. This disconnect often results in beautifully designed structures that fail in execution because the workforce isn’t prepared. H. Pierson bridges this gap by integrating L&D into the design process itself.

Our consultants work closely with strategy and HR teams to ensure that every structural change has a corresponding learning initiative — one that is measurable, scalable, and aligned with business outcomes. We believe that learning is not an event, but a continuous journey that powers the engine of organizational agility.

Case in Point Consider a multinational client of ours that was transitioning from a regional structure to a global product-led model. While the reorganization plan was sound, there was significant apprehension among middle managers about reporting lines and accountability. By deploying a targeted learning program focused on matrix leadership, stakeholder engagement, and virtual collaboration, we helped smooth the transition and accelerate performance within the new structure.

Conclusion In the era of agile business, structural redesign and capability building must go hand in hand. Organizations that invest in learning as a key component of their design journey are better positioned to adapt, innovate, and thrive.

H. Pierson’s Learning Solutions are built to empower employees, strengthen leaders, and unlock the full potential of organizational agility. We don’t just prepare your teams for change — we equip them to drive it.

Author

H. Pierson Human Resource Consulting Team

In an era of relentless disruption—driven by artificial intelligence, climate transition, shifting demographics, and geopolitical shocks—boards of directors in Africa and other emerging markets face a profound challenge: Are we fit for the future?

Next-generation board composition is not just a governance trend—it’s a strategic necessity. Today’s effective boards are being reimagined to be digital, diverse, and decisive.

1. Digital Fluency Is No Longer Optional

Technology is reshaping every industry. From fintech and e-commerce to AI-enabled operations and cybersecurity threats, digital disruption is already in the boardroom—whether boards are ready or not.

Yet, many African and emerging market boards remain digitally underpowered. Few have directors with firsthand experience in tech-enabled business models, cybersecurity governance, or data strategy.

Boards must proactively recruit digital talent, not just rely on internal CIO briefings. This doesn’t mean every director must be a coder—but boards need members who understand how tech is transforming value chains, customer behavior, and risk exposure.

2. Diversity Unlocks Strategic Perspective

Diversity—across gender, age, professional background, geography, and ethnicity—is no longer about optics. It is about unlocking better decisions and mitigating groupthink. Diverse boards are proven to outperform on innovation, risk management, and stakeholder alignment.

In African markets, where youth populations are dominant and informal sectors thrive, boards must reflect the societies and customer bases they serve.

Ask:

How many board members are under 50?

How many have deep knowledge of local or regional consumer behavior?

Is the board pipeline inclusive and intentional?

Diverse boards are more adaptive, more relevant, and more resilient.

3. Decisiveness in an Age of Volatility

The next-gen board is not only wise—it’s agile. It can make bold decisions amid ambiguity. That means:

Faster responses to crises.

Comfort with scenario planning and uncertainty.

Empowerment of management, balanced with robust challenge.

Traditional board cultures often favor lengthy deliberation and consensus. But in today’s environment, inaction is a decision—and often the wrong one.

Board processes must evolve. Annual reviews are not enough. Real-time dashboards, ad hoc virtual briefings, and rapid convening of risk or strategy committees are now best practice.

Rethinking Board Composition: A Strategic Exercise

Leading organizations are using skills matrices and succession roadmaps to ensure their boards align with future strategy—not past credentials. That includes:

Bringing in directors with cybersecurity, digital transformation, or ESG expertise.

Appointing younger directors or creating advisory boards as digital sounding boards.

Balancing seasoned governance experience with entrepreneurial thinking.

Key Questions for the Boardroom

Does our board reflect the future of our market, workforce, and customers?

Are we equipped to oversee digital disruption and tech risk?

Do we have the diversity of thought needed to innovate and respond to crisis?

Is our board structure agile enough for today’s pace of change?

Conclusion: The Time to Reimagine is Now

Boards that remain traditional in structure, static in membership, and slow in decision-making will find themselves outpaced by more agile competitors. In contrast, next-gen boards—digital, diverse, and decisive—are shaping the future of corporate leadership across Africa and beyond.

The future doesn’t wait. Neither should your board.

The world is in flux. From geopolitical instability and currency shocks to climate disasters, AI-driven disruption, and social unrest, volatility is no longer episodic — it’s structural. For boards of directors in Africa and other emerging markets, this volatile environment presents a pressing challenge: Can we make fast, informed decisions when it matters most?

Decisiveness at the board level has become a strategic differentiator. Companies with agile, responsive boards are not only better at navigating crises — they’re more likely to emerge stronger.

Why Decisiveness Matters More Than Ever

Traditionally, boards have been seen as oversight bodies: deliberate, consensus-driven, and process-focused. While these traits ensure rigor and accountability, they can also slow down action when speed is critical.

In an era where a single tweet, cyberattack, or policy shift can erase billions in value overnight, inaction is no longer a neutral choice — it’s a liability.

Examples of Where Decisiveness Counts

Crisis Response: Boards must quickly authorize emergency funding, operational pivots, or communication strategies.

Strategic Shifts: Entering new markets, divesting underperforming units, or responding to disruptive competitors.

Regulatory & ESG Pressures: Navigating sudden changes in environmental, governance, or human rights expectations.

Talent & Leadership Decisions: Appointing or replacing CEOs, especially during periods of underperformance or scandal.

Barriers to Decisiveness at the Board Level

Several cultural and structural factors can inhibit decisive action:

Overemphasis on Consensus: Waiting for every director to agree can delay urgent decisions.

Limited Information Flow: Boards reliant on outdated or overly filtered data struggle to act fast.

Boardroom Hierarchies: Strong voices can dominate discussions, while newer or diverse members stay silent.

Infrequent Meetings: Traditional quarterly cycles are too slow for today’s crises.

Building a More Decisive Board: Key Practices

1. Adopt Agile Governance Models

Use ad hoc committees, virtual meetings, and fast-track approval processes for high-risk or time-sensitive issues.

2. Empower Subcommittees with Authority

Give finance, audit, or risk committees pre-delegated authority to act quickly within defined parameters.

3. Integrate Scenario Planning into Strategy

Simulate crises and stress-test decisions to build confidence and preparedness before real volatility hits.

4. Use Real-Time Data

Invest in dashboards and briefings that give directors timely insights — not just retrospective reports.

5. Cultivate a Culture of Constructive Dissent

Diverse, independent-minded boards that encourage challenge and debate are more likely to act boldly — and wisely.

The Role of the Chair: Catalyst or Bottleneck?

The board chair plays a pivotal role in shaping the board’s decisiveness. A strong chair:

Knows when to accelerate or slow down decision-making.

Encourages clarity over perfection.

Facilitates rapid consensus when needed, without silencing dissent.

Three Questions Every Board Should Ask Today

When was the last time we made a bold, time-sensitive decision?

Do we have protocols for rapid response in times of crisis?

Are we too focused on process at the expense of impact?

Conclusion: Decide to Lead, or Risk Being Left Behind

In the age of volatility, the most valuable boards are not just wise — they are decisive. They blend judgment with urgency, rigor with speed, and oversight with action. For boards in emerging markets, where uncertainty is often magnified, decisiveness is not just good governance — it’s survival strategy.

When the next shock hits, will your board be ready to lead — or still debating what to do?

In a world marked by volatility—from geopolitical friction and cyber warfare to climate shifts and technology disruption—the boardroom is no longer just a site of oversight. It has become a frontline of strategic decision-making, institutional resilience, and societal accountability.

The traditional paradigms of governance, built for linear and largely domestic business models, are proving inadequate. Today’s board directors are being thrust into a dynamic landscape where global supply chains are fragile, stakeholder expectations are heightened, and decisions carry both reputational and regulatory consequences.

A Board’s Role Has Fundamentally Changed

Gone are the days when directors could rely solely on quarterly reports and compliance updates. The new reality demands sharper visibility into digital transformation, risk interdependence, ethical leadership, and long-term sustainability. Boards must now be equipped to grapple with questions that didn’t exist a decade ago:

How do we govern in a hybrid, borderless digital economy?

Are we resilient against not just financial shocks, but also systemic disruptions, such as a cyberattack with geopolitical undertones?

What frameworks ensure our climate commitments are not just stated, but embedded?

How can we assess and challenge the strategic integrity of AI tools used across our operations?

What does fiduciary duty mean in an age where social and environmental performance increasingly drives financial outcomes?

The Quiet Crisis: Competency Gaps at the Top

Many boards still function with outdated governance tools and limited insight into emerging domains. In sectors like finance, oil & gas, telecoms, and manufacturing, where the pace of change is relentless, this creates a dangerous disconnect between boardroom decisions and market realities.

The growing gap between directors’ governance responsibilities and their capacity to effectively fulfill them is now seen as a hidden risk across many industries. And regulators, investors, and even employees are starting to notice.

What Future-Ready Boards Are Doing Differently

Boards that are rising to meet this moment are doing three things well:

Expanding the Definition of Governance
They are not limiting themselves to regulatory compliance. Instead, they’re embedding strategic foresight into how they govern digital systems, organizational culture, and innovation.

Interrogating Risk in Layers
Rather than treating risk as a fixed category, forward-thinking boards are viewing it as layered, systemic, and deeply interwoven, spanning from geopolitical exposure to supply chain fragility to algorithmic bias.

Linking Purpose to Capital
These boards are translating environmental and social commitments into financing strategy, brand differentiation, and value creation. They are not waiting for ESG ratings to catch up—they’re setting the pace.

Rethinking the Learning Curve for Directors

No one steps into a boardroom prepared to meet all these demands instinctively. This is where tailored, context-driven development becomes vital. Directors need more than technical workshops—they need an ecosystem of continuous learning that aligns with real-time shifts in the world around them.

They need to understand what it means to lead through ambiguity, to govern digital infrastructure ethically, to ask the right questions about AI and cybersecurity, and to navigate sustainability not as a tick-box, but as an investment philosophy.

At H. Pierson Associates, we’ve built our Board School to answer precisely this call. With over three decades of experience advising and upskilling boards across sectors, we’ve seen firsthand what separates resilient institutions from the rest—it starts at the top, with directors who are confident not just in their knowledge, but in their ability to adapt, interrogate, and lead through complexity.

A Final Word: Governance as Strategy

In times of relative calm, governance is often viewed as routine. But in times like these, governance is strategy. The most valuable asset a company has right now is not just its capital or technology—it’s the clarity, agility, and foresight of its board.

The future belongs to directors who are willing to unlearn, relearn, and lead differently. And those who do will not only safeguard their institutions—they will shape the next generation of enterprise.

Board evaluation is a critical process that helps organizations assess the effectiveness of their boards of directors. In Nigeria, board evaluation is becoming increasingly important as the country’s corporate governance landscape continues to evolve. However, despite its importance, board evaluation in Nigeria faces several challenges. This article highlights some of the key challenges of board evaluation in Nigeria and proposes solutions.

Challenges of Board Evaluation in Nigeria

1. Regulatory Framework

The regulatory framework in Nigeria also poses a challenge to board evaluation. While the Nigerian Code of Corporate Governance recommends that boards should be evaluated regularly, there is no clear guidance on how to conduct these evaluations.

2. Cultural and Social Barriers

Cultural and social barriers also pose a significant challenge to board evaluation in Nigeria. In some cases, board members may be reluctant to criticize or evaluate their colleagues due to cultural or social norms. This can lead to ineffective evaluations and a lack of accountability.

3. Lack of Awareness and Understanding

One of the major challenges of board evaluation in Nigeria is the lack of awareness and understanding of the process among board members and stakeholders. Many boards in Nigeria are not aware of the benefits of board evaluation, and as such, they do not prioritize it.

4. Limited Expertise and Resources

Another challenge facing board evaluation in Nigeria is the limited expertise and resources available to conduct effective evaluations. Many organizations in Nigeria lack the necessary skills and resources to conduct thorough board evaluations, which can lead to ineffective evaluations.

Solutions to Challenges of Board Evaluation in Nigeria

1. Regulatory Guidance

To address the challenge of regulatory framework, it is essential to provide clear guidance on how to conduct board evaluations. The Nigerian Corporate Governance Code should be reviewed to provide more specific guidance on board evaluation.

2. Use of Technology

o address the challenge of cultural and social barriers, it is essential to leverage technology to facilitate board evaluations. Online evaluation tools can help to reduce bias and ensure that evaluations are conducted objectively.

3. Awareness and Education

To address the challenge of lack of awareness and understanding, it is essential to educate board members and stakeholders on the importance and benefits of board evaluation. This can be achieved through training programs, workshops, and seminars.

4. Development of Evaluation Framework

To address the challenge of limited expertise and resources, it is essential to develop a board evaluation framework that is tailored to the Nigerian context. This framework should provide guidance on how to conduct effective board evaluations.

Conclusion

Board evaluation is a critical process that helps organizations assess the effectiveness of their boards of directors. In Nigeria, board evaluation faces several challenges, including lack of awareness and understanding, limited expertise and resources, cultural and social barriers, and regulatory framework. However, these challenges can be addressed through awareness and education, development of evaluation framework, use of technology, and regulatory guidance. By addressing these challenges, organizations in Nigeria can conduct effective board evaluations that lead to improved governance and performance.

Key issues facing boards of directors in 2025

Strategic Leadership and Oversight
Boards must prioritize strategic leadership and oversight, ensuring alignment with the company’s goals and objectives.

Diversity, Equity, and Inclusion
Boards should focus on diversity, equity, and inclusion, recognizing the benefits of diverse perspectives and experiences.

ESG and Sustainability
Boards must address environmental, social, and governance (ESG) issues, prioritizing sustainability and responsible business practices.

Technology and Innovation
Boards should stay informed about technological advancements, such as generative AI, and their impact on the company’s business model and operations.

Global Uncertainty and Risk Management
Boards must navigate global uncertainty, managing risks associated with geopolitical tensions, economic volatility, and regulatory changes.

Talent Management and Succession Planning
Boards should focus on talent management and succession planning, ensuring the company has a strong leadership pipeline.

Stakeholder Engagement and Communication
Boards must prioritize stakeholder engagement and communication, maintaining transparency and trust with investors, customers, and employees.

Board Composition and Refreshment
Boards should regularly assess their composition and refreshment, ensuring they have the right skills, expertise, and perspectives to drive the company’s success.

Culture and Values
Boards must promote a strong culture and values, supporting ethical decision-making, accountability, and a positive work environment.

Diversity and Inclusion: Ensure the board reflects a diverse range of skills, experiences, backgrounds, and perspectives to drive informed decision-making and innovation.
Strategic Alignment: Recruit directors whose expertise aligns with the company’s strategic goals and objectives, enabling effective oversight and guidance.
Independence and Objectivity: Prioritize independent directors who can bring objective perspectives, unbiased by conflicts of interest or personal agendas.
Relevant Expertise and Experience: Identify directors with relevant industry, functional, or technical expertise to provide valuable insights and informed decision-making.
Leadership and Governance Skills: Recruit directors with proven leadership and governance skills, including the ability to engage in constructive debate, build consensus, and hold management accountable.

Additionally, consider factors like:

– Director tenure and term limits

– Board size and composition

– Director compensation and incentives

– Ongoing training and development

– Succession planning and board renewal

By addressing these issues, organizations can recruit high-quality board directors who drive long-term success and sustainability.

Older Posts

Board /

Why Cloud and Digital Sovereignty Matter for African Boards

How Boards Can Use AI for Better Oversight

The Boardroom’s Role in Fighting Africa’s Rising Cyber Threats

Building Agile Organizations Through Smarter Learning

Author

H. Pierson Human Resource Consulting Team

Next-Gen Board Composition: Digital, Diverse, and Decisive

Board of Directors’ Decisiveness in an Age of Volatility

Board Leadership in a World Rewritten: Rethinking Governance for Strategic Resilience

Challenges of Board Evaluation in Nigeria and Solutions

Challenges of Board Evaluation in Nigeria

1. Regulatory Framework

2. Cultural and Social Barriers

3. Lack of Awareness and Understanding

4. Limited Expertise and Resources

Solutions to Challenges of Board Evaluation in Nigeria

1. Regulatory Guidance

2. Use of Technology

3. Awareness and Education

4. Development of Evaluation Framework

Conclusion

BOARDS IN 2025 – A FORECAST

Top 5 issues to consider in recruiting quality board of directors

Find us

Services

Follow Us