On the 2022 board agenda
Eight issues for boards to keep in mind as they consider and carry out their 2022 agendas.
The Institute of Directors and ASB are pleased to release the 2021 Director Sentiment Survey report.
The report provides a valuable snapshot of how directors are feeling about their operational and strategic environments, as well as the broader economy.
This year a mounting skills shortage, border restrictions and vaccine efficacy were top of the list of issues causing concern for directors in Aotearoa New Zealand.
Economic performance. 29% of directors expect economic performance to improve in the next 12 months, up from 24% in 2020.
Business confidence. 54% expect their organisation’s performance to improve in the next 12 months, up from 50% in 2020.
Demand for talent escalating. 57% of directors said that labour quality and capability is one of the biggest impediments to national economic performance, up from 32% in 2020. Further, 30% said that labour quality and capability is the single biggest risk facing their organisation, up from 14% in 2020.
Climate action. 48% of directors said their board is engaged and proactive on climate risks and practices in their business (up from 35% in 2020).
If you're not a member of the IoD but want to keep up to date with the latest governance news, insights and resources, sign up below.