This podcast features an interview with Brian Stafford, CEO of Diligent, discussing the evolution of governance in the digital age, the importance of ESG, differences between private equity backed companies and public companies, geopolitical risks, and effective board composition in today's dynamic world.
Takeaways
• CEOs need to consider stakeholders, including employees, communities, and customers, when making decisions to achieve long-term success.
• ESG is becoming increasingly significant in private equity, with a focus on tying it to a company's strategy and using it to create value.
• Private equity investors require more data and information than public company investors.
• Radical transparency is essential in private equity, as demonstrated by Netflix's approach to providing board members with long-term potential.
• Geopolitical risks and board composition are critical factors in today's dynamic world, organizations must have plans in place to address disruptions and ensure effective oversight with diverse perspectives.
• Relationships and personal development are essential for leaders, considering stakeholders' impact, focusing on people, and making them feel valued.
• Balance between work, family, and personal life is important for effective leadership.
