While the SEC’s proxy access rules are pending a court decision, boards should be asking themselves if they are prepared to face heightened shareholder engagement.

As a corporate director, the removal of “silo” thinking is important.

We should absolutely continue to benchmark best practices, but on its own, this will not be enough.

Instead of waiting until regulatory bodies start weighing in on ways to maintain high-quality board performance, it’s time to refresh your board now.

Boards must mitigate risk by having a clear destination, getting input if needed, reading the dashboard data, and making judgments.