In today’s briefing:
- Is the Gap Between the Skills Matrix and the Board Personnel Needed Widening?
Is the Gap Between the Skills Matrix and the Board Personnel Needed Widening?
- While it’s commendable that more companies are publishing their skills matrices, it’s not enough to verify that the skill items are useful in expanding the value of the company.
- Since management strategies vary from company to company, the skills required to formulate and execute a company’s strategy are not likely to be the same as those of other companies.
- Director candidates should be selected based on the skills needed to expand the value of the company in future and skills that complement the skills lacking in the current directors.
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