PwC's 2025 Corporate Directors Survey: Board Underperformance Exposed

PwC (Oct 1, 2025) "2025 Corporate Directors Survey: Board Underperformance Exposed" press release sets the headline finding from its annual directors survey: for the first time in survey history, a majority — 55% — of directors say at least one board colleague should be replaced, a six-point jump from prior year. Cited reasons for underperformance: lack of meaningful contribution, long tenure, insufficient expertise. 78% report assessments do not capture the full picture; nearly three-quarters of boards skip individual director reviews. On the constructive side, 88% of directors say they can take at least one action to improve their board's effectiveness. PwC frames this as an inflection point in board accountability — directly relevant for SEA mid-market boards.