Corporate boards in Kenya and globally face unprecedented challenges in a Volatile, Uncertain, Complex, and Ambiguous (VUCA) world, requiring a shift from traditional governance to strategic foresight and resilience. Geopolitical tensions, economic turbulence, and technological disruptions are reshaping corporate agendas at record speed.

• Most important fact or figure from the article: The U.S. Federal Reserve has paused its federal funds rate at a high 4.25 – 4.5 percent, making dollar-denominated borrowing expensive for Emerging Markets and Developing Economies (EMDEs).
• Key person or organization involved: PwC Executive Leadership Hub, KPMG’s Board Leadership Centre, and Deloitte’s Centre for Board Effectiveness are prominent advisory firms outlining priority agendas for boards.
• Notable detail that adds context: The Fourth Industrial Revolution, with technologies like AI and blockchain, along with the global push for net-zero carbon emissions by 2050, are key factors reshaping industries and board focus.