FORTUNE: The threat of a recession, talent shortages, and geopolitical tension are among the many challenges corporate boards must navigate in 2023

December 21, 2022

Kira Ciccarelli

As the year comes to a close, it’s only human to hope for a less volatile 2023. Alas, for corporate directors, the forecast calls for complexity and heaps of uncertainty. Boards should expect to deal with more of the same issues that tested their mettle over the last two years, but with the risk of economic downturn as an added twist, says Paul Knopp, CEO at KPMG US. “Nothing seems unimportant,” says Angela Sun, a Western Union board member, who spoke to Fortune at Diligent Institute’s Next Gen Board Leaders Program this month. “In the last five years, there’s been this proliferation of issues that all seem to matter: cybersecurity matters, privacy matters, enterprise risk matters, capital structure matters.” She says boards must educate themselves on these competing priorities, knowing that anyone can turn into a crisis. Read the full article here.  Lila MacLellan, Reporter, FORTUNE

About the author

Lead Research Specialist

Kira Ciccarelli is the Lead Research Specialist of the Diligent Institute, the modern governance think tank and global research arm of Diligent Corporation. In her role, Kira researches and produces high-level modern governance reports, blog articles and podcasts designed to inform director decision-making and highlight best practices.

Before joining Diligent, Kira worked in a variety of data-driven research roles, including analyzing global aid funds to the UN Sustainable Development Goals (SDGs) and compiling a meta-analysis of political experimental findings for the Analyst Institute. She holds a BA in Public Policy from the College of William & Mary.