Audit committee chairs face rising expectations amid rapid change. Insights provided by S&P 500 audit committee chairs reveal how they navigate risk, foster transparency, and drive effective oversight in today’s evolving governance landscape.

As the business environment continues to evolve in complexity, so does the oversight role of boards. At the same time, investor, regulator, and other stakeholder expectations of board involvement in certain aspects of the business, including aspects traditionally within management’s sole purview, are changing in ways that may blur the lines of responsibility between the two.

Although artificial intelligence (AI) is not new, the prevalence of AI and Generative AI in the enterprise makes board oversight vitally important. Particularly in a complex and ever-evolving environment, boards of directors need to be proactive to ensure the organization’s strategy balances innovation and risk management. For boards of directors, the decisions made today will have a lasting impact on both the future of their organizations and society at large.

A Deloitte Global survey shows that boards and C-suite executives are working together in new ways to navigate volatility and keep growth on the agenda