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It is an interesting and powerful statute under the Companies Act that mandates the board to decide its own composition, giving it a great opportunity to ensure its own diversity and lead by example!
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Leaders who embrace a culture of innovation, invest in R&D for manufacturing excellence, adapt to Industry 4.0, make agile decisions in response to market dynamics, foster collaboration
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From fostering diversity and leveraging technology to adaptive governance and ESG integration, the future leader in Indian boardrooms must be a VISIONARY.
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AI systems and their response in times of crisis or breakdown of systems in sectors like connected cars, drones, Metaverse, satellite broadband, and healthcare.
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Risk management is a must have skill for all functional managers in today's VUCA world and there are many professional training bodies and certification authorities present across the globe.
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The Roman philosopher Lucretius coined the expression “Quod ali cibus est aliis fuat acre venenum” (what is food for one man may be bitter poison to others).
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The focus on 'effective governance' emphasizes transparency, accountability, and integrity in the organisation, urging entities to adopt emerging best practices to benchmark global standards.
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As the business landscape continues to evolve at an unprecedented pace, the dynamics within boardrooms are undergoing transformative changes.
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Boards need to anticipate and innovate, confront vulnerabilities and possibilities, and act to initiate, enable, and support the required transition and transformation journeys.
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By- Institute of Directors | Authored by- Lt. Gen. Surinder Nath, PVSM AVSM (Retd.)
Jan 02, 2024
As we bid adieu to 2023, a year marked by global imbalances and supply chain disruptions, we find ourselves at the threshold of new possibilities.
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