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The pressures confronting board members, and the corporations they direct, are increasing in both scope and severity. As a result, directors need to increase their knowledge base as never before to include quite advanced financial expertise along with proficiency of the risks facing their firms as well as regulatory and governance concerns, and the all-important "people" issues. As importantly, directors must increase their ability to manage their time, gain new expertise in different and developing areas, and maintain ethical and procedural standards.