Stakeholder governance marks a major shift in boardroom organisation. Rather than prioritising shareholder interests, successful boards in 2023 are working to balance long-term profitability with positively impacting their community.
This community includes employees, suppliers, customers, shareholders and more. Boards need to recognise the interests of all stakeholders and prioritise sustainability and improved performance in their governance strategies. This factor has taken on increased significance both for board success and board investors this year.