Survey Roundup: Courage Tops List of Desired Director Traits
The Wall Street Journal article, "Survey Roundup: Courage Tops List of Desired Director Traits," features Russell Reynolds Associates' research, "Global Board Culture Survey Understanding the Behaviors that Drive Board Effectiveness." The article is excerpted below.
If I Only Had A Heart: A survey of 369 supervisory directors from 12 countries by search and advisory firm Russell Reynolds Associates asked which behaviors they thought are most important to creating a board culture that drives effectiveness and company performance—and 13% said possessing the courage to do the right thing for the right reasons, with another 13% saying willing to constructively challenge management. Eleven percent cited sound business judgment, nearly 10% said asking the right questions and 8% said maintaining an independent perspective and avoiding “group think.”
“The five most important director behaviors identified topped the rankings for every region we surveyed. Remarkably, they were also ranked in the same order of importance in every region, with the exception of a small variation in Asia,” stated the survey report. “This suggests that the desired qualities of an effective director transcend cultural customs and regional differences.”
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