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How board and C-suite collaboration can build organizational resilience

Breaking down the impact for C-level

Our newly launched report confirms that boards worldwide are increasingly central to driving business growth—especially through strategic risk management and scenario planning. The research highlights that uncertainty is now the norm, prompting board members to demand a more active role from the C-Suite.

As business leaders, we should ensure that, amid this complexity, organizations are positioned not only to survive but also to thrive. An active focus on organizational resilience has never been more important.

This insight strongly echoes in Finnish boardrooms — Globally, businesses have faced unprecedented disruptions over the past decade — from geopolitical shifts and rapid advances in artificial intelligence, quantum computing, and cyber risk, to supply chain impacts, conflicts, trade relations, and extreme weather events. 

Local recap

Finnish organisations are often criticised for excessive caution and a limited risk appetite, which has slowed investments in growth, research, and development. In today’s fast-changing world, robust scenario-based planning and strategic risk assessment can turn uncertainties into competitive strengths. 

To drive future growth, boards recognise that close collaboration with executive management is essential for identifying strategic risks and developing effective responses.

How should C-level executives respond to the board?

Drawing on report insights, Deloitte Finland CXO Programme Leaders offer role-specific recommendations to help C-level executives address board priorities.

Key insights for CEOs:

 

Lead transparency with the board (the #1 leadership factor) to align on strategy, prioritizing human capital and technology investments to drive resilient long-term growth and seize opportunities from market uncertainty.

 

  • Strategic Collaboration for Resilience:
    • Foster a new model of collaboration between the board and C-suite to address volatility and uncertainty.
    • Emphasize the importance of aligning short-term risk management with long-term growth strategies.

 

  • Leadership Alignment for Growth:
    • Build trusted relationships between the CEO and board chair to enhance decision-making and organizational resilience.
    • Encourage open communication to ensure alignment on strategic priorities.

 

  • Future-Focused Investments:
    • Balance immediate challenges with investments in technology and human capital to drive long-term growth.
    • Leverage innovation as a key component of resilience and competitive advantage.

 

Want to discuss more?
Please feel free to contact our CEO Programme Lead Tuomo Saari

Key insights for CFOs:

 

Balance the budget by allocating capital to strategic long-term investments (tech/talent), while using advanced scenario planning to guide board discussions on managing short-term risk and driving portfolio optimization.

 

  • Resource Allocation for Resilience:
    • Assess financial, technological, and human capital resources to ensure they align with long-term resilience goals.
    • Prioritize investments that balance short-term risk mitigation with sustainable growth.

 

  • Scenario Planning and Risk Oversight:
    • Collaborate with the board to enhance scenario planning and strategic risk management.
    • Use financial insights to guide discussions on threats, opportunities, and portfolio optimization.

 

  • Board Engagement on Financial Strategy:
    • Ensure the board is equipped with the financial expertise needed to support strategic decisions.
    • Advocate for regular reviews of board composition to address gaps in financial acumen.

 

Want to discuss more?
Please feel free to contact our CFO Programme Lead Sari Berglund

Key insights for CIOs:

 

CIOs aren’t being asked for IT updates; they’re being asked to co-navigate uncertainty with leadership and the board.

 

  • Technological Advancements for Resilience:
    • Prioritize investments in digital transformation to address rapid technological disruptions.
    • Focus on cybersecurity as a critical near-term priority while planning for scalable long-term solutions.

 

  • Data-Driven Decision Making:
    • Implement advanced analytics and scenario planning tools to support strategic risk management.
    • Use technology to synthesize complex data into actionable insights for leadership.

 

  • IT Governance and Collaboration:
    • Strengthen collaboration between IT and other departments to align technology initiatives with business goals.
    • Ensure IT governance frameworks support agility and innovation in a volatile environment.

 

Want to discuss more?
Please feel free to contact our CIO Programme Lead Timo Perkola

Key insights for CHROs:

 

Position human capital (the #2 long-term priority) as a strategic asset, securing vital investments in workforce capabilities and talent pipelines to support the technology agenda and enhance organizational agility, ensuring the board is informed on critical talent risks.

 

  • Strategic Human Capital investment:
    • Secure and advocate for increased investment in human capital, recognizing that confidence in this resource is lower (64%) than in financial capital (82%)
    • Align talent acquisition and development with the long-term strategy for tech disruption.

 

  • Workforce Agility and Capability Building:
    • Focus on accelerating upskilling and reskilling programs to build the critical capabilities needed to support technological advancements and digital disruption.
    • Cultivate an organizational culture that promotes agility and rapid adaptation to uncertainty.

 

  • Board Alignment on Talent Risk:
    • Provide transparent, data-driven insights on current and future talent pipelines, retention risks, and critical skills gaps to the board and C-suite.
    • Position human capital as a key driver of resilient growth and a central component of risk oversight.

 

Want to discuss more?
Please feel free to contact our CHRO Programme Lead Veera Campbell

About the report

How board and C-suite collaboration can build organizational resilience

The report contains the results from a survey of almost 750 board directors and executives across 59 countries, and shows how boards and C-suites are rethinking the ways they work together to bolster long-term organizational resilience.

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