Which action reflects a board's strong engagement in company strategy?

A board's strong engagement in company strategy is best reflected by actively participating in strategic planning sessions. This approach involves board members taking a proactive role in discussing, shaping, and refining the company's strategic direction alongside management. By being actively involved, board members can provide valuable insights, ask critical questions, and ensure that they understand the nuances of the strategy. Their engagement helps to align the board's oversight responsibilities with the operational realities facing the company.

In contrast to other options, simply meeting annually to review strategic targets lacks the depth of engagement necessary for meaningful influence. Leaving strategy discussions solely to management diminishes the board's role in governance and oversight. Focusing only on compliance reviews also diverts attention away from the broader strategic objectives that drive long-term success. Active participation in strategic planning sessions underscores the board's commitment to fulfilling its fiduciary duties and enhances its ability to contribute to the company's future directions and success.