Corporate Leadership in Disruptive Times

The relationship between the supervisory board and the management team becomes key during disruptive situations. In this report, Alvarez and Marsal throws a spotlight on the predominant two-tier board model in Germany, which can help to improve collaboration at the top.

Key points include:
 
  • Companies cannot survive systemic disruptions by perpetuating the past — they need new playbooks. To survive and prevail, they need to be prepared to think, act, manage and compete boldly and differently.
  • Systemic disruptions call for complex and risky organizational transformations. Corporate leaders need to redefine strategy, reengineer the operating model and revamp the culture.
  • In times of systemic disruption, supervisory boards seem to retreat even more from their advisery roles and, in some cases, become nearly invisible. Ironically, it is in these complex times that corporate leaders need the supervisory board members’ strategic insights, expertise and wisdom the most.
  • Supervisory board chairs have to step up and set the tone. They must make sure that the supervisory board’s composition is aligned with the challenges ahead and that the board is able to confront reality and provide sound and timely advice.




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