Big Think: How to build a talent-first organization: Hold your board accountable

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Boards & governance

Posted by - The Vanguard Network \

September 7, 2019

Big Think video: Ho

Boards meet, on average, 6 times a year, for a total of less than 50 hours. Yet they are increasingly held accountable for company performance, both by regulation and by the marketplace. How can they use this precious time most efficiently? By focusing on talent, the lever with more power than any other to ensure an organization’s longevity.

Today, boards are being held accountable by activist investors and shareholders. Focus your board on getting the right talent, in the right place, in the right jobs.

Ask your board to form a Talent and Reward Committee that meets at least 4 times per year. They will:

a. Examine the talent pipeline

b. Make sure talent is deployed properly

c. Ask for competitive information on talent

d. Ask how talent creates customer and shareholder value