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The Fish Rots From The Head: The Crisis in our Boardrooms: Developing the Crucial Skills of the Competent Director by Bob Garratt

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Introduction

Directing not managing

Where was the board of directors?

One of the few positives to come out of the continuing global financial crisis is the final awakening in the public’s mind that there is a strong possibility that those elected or selected to guide our organizations in the private and public sectors may not be very good at their job. Indeed, a joke going around the UK at present asks: ‘Who is the odd man out in this list of well-known bankers – Tom McKillop, Fred Goodwin, Victor Blank, Andy Hornby and Terry Wogan (the presenter and comedian)?’ The answer is obviously Terry Wogan. But the reason is not so obvious. He is the only one with banking qualifications. Similarly, following the crash of AIG, the world’s largest insurance ...

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