06/12/2020

Study: The “New Normal” Concerns Facing Governance

Shifting work styles may raise concerns for boards

According to a new survey from the National Association of Corporate Directors, the shifting definition of normalcy is creating rising concerns for boards.

In the May edition of NACD’s COVID-19 Pulse Survey, more than half of the board members (54 percent) surveyed said that changes in work style were one of their largest concerns for their organizations over the next three months. In a blog post highlighting the research, NACD Senior Manager of Governance Analytics Barton Edgerton pointed to accelerating digital transformation as a key change—one cited by 32 percent of respondents.

“There is a strong consensus that, at least in the near term, companies will need to find ways to get work done differently than before the crisis and that some of this will likely be fueled by the acceleration of digital transformation,” Edgerton said in the post.

Please select this link to read the complete article from Associations Now.