Organizational resilience is an organization’s ability to respond to a challenging situation, often an unexpected one. Resilience has become one of the most highly valued organizational capabilities given the number and intensity of crises of all kinds over recent decades. A company can demonstrate resilience in the way it responds to a natural disaster such […]
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What Is an Independent Director? Advantages and Disadvantages for Companies
An independent director is a member of the board of directors who has no significant ties to management, the company, or its major shareholders that could compromise their ability to assess the company’s management objectively. Independent directors differ from “executive directors,” who also perform management functions within the company, and from “nominee directors,” who are […]
Climate Change: What is an Adaptation Strategy? (and why is it important?)
Most of us agree that climate change is an important issue “someone” should pay attention to, but it is now time to better understand the impact that climate change can have on the management of our companies. Multiple experts and some governments have started to highlight the importance of “Climate Change Adaptation Strategies” due to […]