Director Sentiment Survey report 2022

By Institute of Directors & ASB
25 Nov 2022
read time
35 min to read
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The Institute of Directors and ASB are pleased to release the Director Sentiment Survey report 2022.

The report provides a valuable snapshot of how directors are feeling about their operational and strategic environments, as well as the broader economy. 

Key findings

Customer and community expectations. Customer and community expectations are front of mind for directors and boards of all organisations as they navigate an increasingly uncertain future. As a result, a significant majority is focused on their organisations’ social impact.

People are an asset not a cost. Boards have talent and people capability in their sights more than ever. Eighty-seven percent of directors say their boards are having strategic discussions on talent. There is growing recognition that staffing strategies need to be holistic, focusing on all aspects of staff wellbeing, not just remuneration.

Ready for a digital future? A significant proportion of boards are not sufficiently prepared for a digital future and the change that will occur over the medium term. There is a “nothing to see here” and “it won’t happen to us” sentiment evident from the survey

Increasing economic uncertainty. Directors and their boards are facing significant economic uncertainty. Half of the directors surveyed think their organisations will weather this uncertainty well but more than two-thirds believe the economy will face major headwinds. 

The Director Sentiment Survey is brought to you by the Institute of Directors and ASB.

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