Company boards must improve the speed in which they must adapt governance to succeed in a competitive global environment and protect their core business , social responsibilities and innovation , according to Michelle Daisley and sue banks from Oliver Wyman 's Financial Services Practice . boards must adopt forward - looking agendas and look to executive search firms to help them appoint more diverse board members instead of relying on the networks of current board members . The introduction of digital and analytical tools to boards could improve insights , while changing the format of meetings could improve mental agility , Daisley and Economides said .
Company boards must improve the speed in which they can adapt governance to succeed in a competitive global environment and protect their core business, social responsibilities and innovation, according to Michelle Daisley and Margarita Economides from Oliver Wyman's Financial Services Practice. Boards must adopt forward-looking agendas and look to executive search firms to help them appoint more diverse board members instead of relying on the networks of current board members. The introduction of digital and analytical tools to boards could improve insights, while changing the format of meetings could improve mental agility, Daisley and Economides said.