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Human Capital and The Board: Navigating Rising Stakeholder Expectations
Noses In, Fingers Out - The Board's Role in Building the Talent Plan
The last year has been an extraordinary period in the ongoing quest to attract and retain the best talent as increased demand for employees has led to an all-out war for talent in some sectors of the economy. But inflation is changing the demands of employees, and recession fears may be driving a more cautious approach to the job market—for both employees and employers. To what extent are talent considerations strategic issues for the board versus operational problems for management?
How can companies ensure their culture, compensation and benefits appeal to the workforce they need? How can they get smarter about ensuring the company has long-term talent plan that will actually generate value for the business over the long haul, not just patch needs for today? And how deep should the board go into these issues without overstepping their oversight role?
