Letter from NACD Northwest Chairman Liane Pelletier
The organizations we serve as directors deserve peak performing boards. Most boards assess that there are areas in which they can improve, and that they are not yet at peak performance. Even a board that has reached peak performance cannot sit still, and demands continuous improvement, since the environment in which our organizations operate is changing with tremendous speed. Tomorrow’s challenges must be in our focus.
For 40 years, NACD has committed to the challenge of advancing boardroom excellence. This year’s Blue Ribbon Commission (BRC) report titled “Culture as a Corporate Asset” is one of a series of NACD BRC reports; each report is both timely and timeless. We can all identify organizations where culture positively contributes to sustainable, valuable growth. And we can all identify organizations where culture leads to scandal and value destruction. But how does a board approach its duty to oversee culture? Released in October 2017, this year’s BRC answers that question by providing actionable insights and even toolkits for directors to use in their oversight of culture.
The NACD Northwest chapter intends to bring this critical set of insights to the forefront in many of its programs this year, as the oversight of culture is difficult to untangle from all the other responsibilities of directors.
We hope to see you often since we all have much to learn from the experts we convene and from each other.