Board Strategy Compass

Momentum-driven sentiment can decouple stock prices from business fundamentals for extended periods, creating both overvaluation and undervaluation...

The sustainable investing reset should be viewed by boards not as retreat but as a return to core principles of sound capital allocation.

• Core...

Truist Financial's decision to double its share repurchase target to $5 billion for 2026 from $2.5 billion in 2025 signals strong conviction in...

CFOs now lead value creation in 87% of PE-backed firms, yet most inherit functions built for stewardship alone.

• Capability gap: 59% of CFOs must...

Markets price in 20%+ S&P 500 earnings growth, yet the median company expects just 8%, with gains heavily skewed to a few AI mega-caps. This narrow...

T-bill settlements are draining liquidity, with $65 billion in net new settlements this past week alone and further heavy issuance of $56 billion and...

Family offices succeed by anchoring sustainability decisions in long-term economic value rather than moral arguments.

• Wealth creation first:...

Finance Function Transformation

• 🔥 CFO Value Creation That Works: Outlines seven levers and a case study showing how finance teams can shift...

Systems-level investing reframes boards' role from passive capital allocators to active stewards shaping the markets and systems that underpin...

Boards can drive CFO accountability by focusing on three execution priorities:

• Embed finance in decisions: Require redesigned operating models and...

Five takeaways for boards overseeing AI strategy and governance:

• AI is now a leadership issue — CEOs must own decisions on priorities, risks, and...

M&A Transaction Benchmarks

• 🔥 ABB-Rotork Acquisition: ABB agreed to acquire Rotork in an all-cash deal at 503 pence per share for an enterprise...

Sponsor-backed biotech acquisitions risk stranding when real estate integration lags, creating fragmented systems and eroding up to 1% of deal...

TSMC's reluctance to provide long-term revenue guidance reflects caution amid semiconductor uncertainty, despite strong earnings. Boards overseeing...

ABB's $5.5B acquisition of Rotork at a 73% premium underscores boards' focus on niche industrial assets with durable moats.

• Valuation takeaway:...

For boards overseeing sustainability strategy, forward-looking holdings analysis matters more than static exclusion lists.

• Evaluate whether...

AI enthusiasm often outruns fiscal discipline, with costs spiraling across cloud, data, and talent before ROI is proven.

• Link spend to outcomes:...

Two stewards reveal distinct paths to long-term value:

• ACCR judges climate engagement by real-world emissions cuts, targeting supply chains, policy...

Hitachi Energy demonstrates how embedding circular principles into strategy and operations drives long-term value through extended product life,...

Boards monitoring capital allocation and liquidity risk should track NAV financing growth as it shifts from niche to permanent toolkit.

• NAV...