Why Board-CEO Trust Is Eroding

Boards and CEOs are having a hard time staying in sync, according to a new study. That's dog-bites-man stuff, I know; after years of covering them, I would be shocked at this point to find a report saying boards and CEOs are in alignment.

But the latest iteration of Korn Ferry’s Board and Risk Survey is worth a look, because the divides that it discusses speak to how much more challenging mutual trust has become in our current environment.

For one thing, both groups are feeling increasing pressure to move fast. A majority of CEOs say balancing their time and energy is one of their biggest challenges, and a near-majority of boards feel the same. For organizations that have recently gone through leadership transitions, boards largely felt that they didn’t have enough time to gather enough feedback.

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