When Reporting on Risk to the Board, Skip the PowerPoint

Risky Business

, Corporate Counsel

   | 1 Comments

To ensure that boards of directors understand compliance risk, general counsel and compliance lawyers must know both what to report to the board and how to deliver the message.

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What's being said

  • Caroline Schroder

    This is a terrific piece; however, boards are burdened by information overload and tune out unconsciously in the course of meetings and even review of prepatory materials. It is important to streamline the information and de-jargon the delivery so that the nods and noises of confirmation don't actually mask glazed eyes and minds. Fallout from matured risks suggests that many directors have tuned out unintentionally, swamped by the cascade of information from all sources. The solution goes beyond keeping them awake to giving them information, including "sound bites" and images, that they will retain in long-term memory.

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