What's Next?

Boardroom Governance Newsletter #33 | Oct 12, 2022.

There is a tremendous amount of uncertainty about what’s coming next, particularly regarding the future of the economy, market stability, geopolitical conflicts, nuclear warfare, climate disasters, political polarization, among other trends.

As I started writing this newsletter in June of 2020, I (coincidentally) chronicled the growth of financial activity, and by the end of 2021 there were all kinds of records broken in terms of IPOs, SPACs, M&A, VC, valuations, and cryptocurrencies. But by the beginning of 2022, markets turned south and it’s been a downhill battle ever since. The new focus has been mostly on downrounds, layoffs and shutdowns.

These are challenging times for everybody. In the corporate realm, there has been an increasing pressure and scrutiny over management, boards and investors on how they navigate these turbulent and challenging times. In this context, NACD has just published a new report entitled “The Future of the American Board”, setting a framework for governing…