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McKinsey Global Survey: Corporate Board Member Report

The most recent McKinsey Global Survey reports that corporate board members find themselves focusing more (since 2011) on strategic issues than merger & acquisition issues in the corporate (profit-making) sector. The link to the McKinsey article: http://bit.ly/16aNFhF. This overview report seems to indicate that boards have spent less time recently on merger and acquisition issues and thus have spent more time on issues relating to corporate strategy, thus leaving board members feeling they understand corporate direction better than in recent past. While there is little to compare particularly for small-to-midsize nonprofits in this scenario, it’s interesting to point out the importance of strategic focus for boards in direction-setting and helping board members understanding overall scope of an organization’s focus and direction.

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