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Boards must display courage in face of uncertainty

Geopolitical events, technological disruption and the growing risk of cyber-attacks have all contributed to an unpredictable business environment according to Deloitte’s 2017 Directors’ Alert, which explores the critical issues to help boards navigate 2017.

Deloitte partner Andrew Burgess says that this time of uncertainty and disruption means strategy design and execution have never been more important for organisations of all sizes.

“What really differentiates strategy is courage – to engage in courageous conversations and to make and execute courageous choices,” says Mr Burgess.

“In our view, building a board’s collective intelligence through a diversity of thinking underpins this essential courage and is a key challenge for us in New Zealand,” he adds.

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