Public and private companies alike should be looking inward to evaluate the ability of their board to anticipate, and when necessary react to, changes to their macro and micro environments that could impact shareholder value.  This means bringing together a group of directors who share a common mission-driven purpose while approaching the challenges and opportunities facing the company from a diverse array of angles.

While no two boards are ever the same, this piece from Byron Loflin, Global Head of Board Engagement at Nasdaq, sets out several values-driven elements of board composition that will help your board, and your company, remain relevant and drive your mission while adjusting to changes in society and the economy.  

As awkward and difficult as it can sometimes be, it is never too late, or too soon, to review and optimize your board for the future.