Many Directors Are Culture Clueless.
Position | Top Articles on www.DirectorsAndBoards.com |
Do directors have a good read on the culture at the organizations they oversee? Turns out, many do not.
Only 50% of directors say they understand "the collective behaviors, norms and values at the front lines of their organizations, among their rank-and-file employees," according to recently released research from the National Association of Corporate Directors (NACD).
The study also found that "less than half of directors reported that their boards assess the alignment between the company's purpose and values and its strategy."
That's bad news if Corporate America is going to avoid cultural breakdowns that impact...
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