Coulson-Thomas, Colin (2024) Board’s strategy for a future-ready business in an uncertain world. In: 2024 UAE Global Convention and 31st Annual World Congress on Leadership for Innovation and Excellence, 5th to 8th February, 2024, Hotel Grand Hyatt, Abu Dhabi.

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Abstract

Innovation and business excellence are inter-related. Excellence in innovation can increase options and expand choices. As innovation creates new possibilities, boards may need to redefine what is considered excellent. Innovation and excellence are essential for future-proofing a business, and for coping with multiple challenges, related opportunities, global risks and existential threats. They will be required for adaptation, survival, relevance and success in the context of an evolving new world order. Boards need to ensure that the corporate leadership and the strategic direction they provide inspires and enables effective and collective responses. The purpose of this Theme Paper is to explore areas on the agenda for the forthcoming 2024 UAE Global Convention and 31st Annual World Congress on Leadership for Innovation and Business Excellence the theme of which is “Board’s Strategy to Build a Future-Proof Business in an evolving New World”. It suggests issues and questions that directors, speakers and other convention participants might wish to consider. The theme paper also includes selected references to investigations and recent studies related to the convention’s agenda, which covers strategies for future-proofing businesses, open innovation and future-proofing excellence, transformational strategy for excellence and growth, strategic and transformational roles of corporate boards, capabilities for futuristic and sustainable operating models, excellence and innovation in the digital economy, digital technology applications, risks and inclusive growth, corporate boards, net zero and climate governance, board strategies for limiting damage and pursuing opportunities, strategies for enabling excellence through good governance, board composition and culture for good governance, innovation, excellence and superior governance and recognising realities and rebuilding trust. Coming so soon after COP 28, the 2024 UAE Global Convention represents an opportunity for leaders to discuss, share, learn and consider options for immediate action and future possibilities. To ensure responsible leadership for innovation and excellence and strategies for future-proofing businesses and contributing to our collective survival, a diverse and effective board of competent directors remains a key requirement.

Item Type:	Conference or Conference Paper (Paper)
Additional Information:	The 2024 UAE Global Convention and 31st Annual World Congress on Leadership for Innovation and Business Excellence is organised by India’s Institute of Directors. Further information: https://iodglobal.com/upcoming_events/details/dubai-global-convention-2024
Uncontrolled Keywords:	leadership; innovation; environmental sustainability; digital technologies; Artificial Intelligence; climate change; board composition; corporate governance; risk
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Faculty / School / Research Centre / Research Group:	Faculty of Business
Related URLs:	Organisation
Last Modified:	12 Jan 2024 09:02
URI:	http://gala.gre.ac.uk/id/eprint/45318

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