At Deloitte, strong and consistent governance—encompassing oversight, challenge, and support—is fundamental to our distinctive Deloitte culture.
We are guided by Deloitte’s Global Principles of Business Conduct, which outline the commitments that each of us makes based on our core belief that at Deloitte, ethics and integrity are fundamental.
Deloitte is made up of firms that are members of Deloitte Touche Tohmatsu Limited (also referred to as “Deloitte Global”) and each of their related entities in more than 150 countries and territories. Deloitte has separate governance and management structures in place at the Deloitte Global, member firm, and local levels. Deloitte Global supports and enables Deloitte firms across our network.
Building greater organizational resilience
Business leaders around the world are now navigating a complex, fast-changing environment, with a convergence of factors—including geopolitical tensions, market shifts, and the rapid adoption of AI—leading to greater uncertainty. As boards and C-suite executives work together in new ways to navigate this volatility while continuing to pursue growth, organizational resilience has become very important.
A report from the Deloitte Global Boardroom Program, How board and C-suite collaboration can build organizational resilience, explores the new normal. The report is based on a cross-industry survey of approximately 750 (non-Deloitte) board members and C-suite executives in nearly 60 countries, along with in-depth interviews with over a dozen board chairs, directors, and CEOs from around the world. When asked about this shift in how they operate, 73% of respondents said their boards have stepped up their levels of activity and involvement, particularly around strategic development and scenario planning. In addition, 66% identified open, transparent communication between the board and the C-suite as the top leadership factor impacting their organization’s level of resilience.
As business leaders chart their path forward, the survey results point to several action areas for enhancing collaboration, including fostering transparency and candor, aligning board composition with needed skills and experiences, and promoting an environment where board members are fully engaged in board discussions. Ultimately, having greater collaboration between boards and management can help organizations become more agile in the face of uncertainty and better able to capitalize on the opportunities that can arise in times of change.
For nearly two decades, the Deloitte Global Boardroom Program (the Program) has brought together the knowledge and experience of Deloitte firms around the world to help address critical topics for company boards and management. Supplementing local Deloitte firm programs in 65 countries, the Program promotes dialogue between corporations and their boards and management, investors, the accounting profession, academia, and government. The Program also hosts a series of webinar discussions with eminent panelists and publishes research and insights on critical topics on the board agenda.
Learn more about related topics by clicking these links.