Nothing is as certain as it was.
Though initial public offerings and deals picked up in the second half of 2025, the direction of the economy and interest rates, the challenge of new technologies to existing business models, and fluctuating trade policy will continue to impact the consideration of strategic decisions in private company boardrooms: Uncertainty is a silent tax.
Given the unique challenges, pressures, and structures of private companies, the KPMG Board Leadership Center offers these supplemental considerations to our On the 2026 Board Agenda for private company boards as they help guide their companies forward:
• Prioritize board engagement in strategy and long-term value creation.
• Focus on technology and talent.
• Prepare for greater scrutiny.
Please see full publication below for more information.