2021 Directors’ alert (Part 3)

A new era of board stewardship begins

This is the third and final instalment of Deloitte’s 2021 Directors’ alert: A new era of board stewardship begins.

One theme that has come through consistently from the interviews is that the uncertainty in which businesses operate in, is proving permanent in the new normal. Another has been the changing societal role of organisations, with many that have stepped up to the plate over the last year, such as providing resources and support to local and national governments in contact tracing, material production, and vaccine distribution.

Boards that understand the importance of setting a clear and strong purpose for the organisation that senior leaders and employees can stand behind and that brings value to society in the long term will be increasingly vital.

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