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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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8Supervision of management

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Learning Board mindset: organizational efficiency – short-term, internally orientated thinking

The board’s oversight of the total organizational performance – keeping the organization under prudent control – is the second proposition, or horn, of the directors’ dilemma. But if the board chairman does not handle the supervision of management by the directors carefully, this can become the black hole into which all the board’s energies are sucked, never to reappear. Lack of good supervision of management combined with weak management information systems can create the massive corporate upsets that frequently reach the ...

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