Chapter Two
What Makes a Board Progressive
An energized and active board is no guarantee of good governance. Indeed, when a Liberated board fails to fully evolve and gel into a cohesive body, it can be a serious problem for the business.
In one board meeting, for example, a director demanded that a version of the company’s strategy be produced with a ten-year time horizon. “What will we be when we grow up?” he asked, just before he expounded on the ten-year master plan for his own company. After an awkward silence, the CEO promised to come up with an analogous ten-year plan. The other directors knew the company was in a turnaround; the industry was changing so rapidly that mapping out actions beyond three or four years was pointless. Hearing ...
Get Boards That Deliver: Advancing Corporate Governance From Compliance to Competitive Advantage now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
