The document examines the skills and experiences necessary for directors to effectively navigate a complex business environment, with a focus on Fortune 100 companies.
Key findings include that most directors have leadership experience (90%) and skills in international business (63%). The least common skills are related to mergers and acquisitions (31%) and information security (20%). New board members are more likely to have risk management skills (70%) compared to existing members (60%). The importance of regularly reviewing the board's skills matrix and integrating this data into board refreshment strategy is emphasized.