Posts tagged Cat
Embracing Uncertainty: Nordic Life Sciences at a Crossroads

The Nordic life sciences sector—renowned for its innovation and resilience—faces a distinct set of challenges in today’s volatile market. Mid-cap med-tech and medical device companies, in particular, are navigating a complex landscape shaped by global market fluctuations, regulatory changes, and shifting investor sentiment. The central question for boards and leadership teams is whether to embrace risk or adopt a more cautious "wait-and-see" strategy.

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A Board for Today and Tomorrow

In today’s complex and rapidly evolving business landscape, the role of corporate boards has expanded dramatically. Beyond traditional governance and oversight, boards now serve as critical drivers of strategy, risk management, and long-term organisational resilience. To navigate this environment, boards must not only stay grounded in sound governance principles but also evolve continuously to meet the demands of an unpredictable future. The boardroom of both today and tomorrow requires agility, forward-thinking leadership, and an unwavering commitment to continuous improvement.

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Realigning Board Compensation with Responsibilities

The perception that board fees are increasingly disconnected from the growing workload and expanding responsibilities complicates the essential broadening of the recruitment base to corporate boards. This misalignment poses a growing risk to the competitiveness of the business sector. Consequently, it is imperative that company owners adjust compensation structures to keep pace.

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Recipe for success in the boardroom

Has there ever been a more challenging time to have a seat in the boardroom? Market disruption is more frequent and increasingly impactful, and business strategy needs to be more agile and evolve more quickly in order to seize transformation opportunities. Meanwhile, the pressure from stakeholders and governing bodies to deliver long term value is relentless.

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Advance the digital savviness of the board

A recent MIT Sloan report shows digital competence within the board helps longterm success. The respondents consider innovation and strategy to be closely tied with digital savviness, both areas needed to survive. As we work with nominating committees to assess what they need and how to find it, we hear requests of digital experts but they often come up short when asked to define this need for their particular situation.

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