The outlook for America’s corporate boards has improved slightly in Q2, according to a recent survey by Corporate Board Member and Diligent Institute. However, despite this positivity, board members remain deeply concerned about the economic impact of the Trump administration’s policies.
A poll of 126 public company board members found that they rate the current risk level for US companies at 6.8 out of 10, with tariffs being the top business risk cited by 81% of respondents. Other major challenges include supply chain and sourcing disruptions, inflation and currency fluctuations, geopolitics, and regulatory changes.
To cope with these challenges, directors are adopting new strategies. Nearly half (48%) say their priority for the rest of the year remains growth, through M&A, new products, and new markets. Meanwhile, slightly more than a third prioritize risk mitigation, including reforecasting, scenario planning, and diversification.
The uncertainty faced by board members is being driven by the Trump administration’s policies, with directors expressing concerns about the lack of clear trade policy and the inability to forecast in an uncertain environment. Despite this, boards remain committed to pursuing growth as planned this year.
Source: https://boardmember.com/poll-finds-u-s-boards-struggling-to-navigate-washington-mess