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When things go wrong...what can be done?
Boards, and an oft-mentioned but mysterious concept—governance—are topical. Daily, it seems, these terms feature in our newspapers and on social media, usually because something has gone wrong. And when it does, the chattering class is not slow to react. Typically, the targets of their comments are the board and management of the organisation. That seemingly strong organisations suffer significant missteps—or even, fail outright—on a fairly regular basis is worrisome; the societal and economic consequences are not insignificant. What can be done?
Recently, the inimitable Mark Banicevich invited me to discuss boardroom success and failure, and to offer guidance that boards wanting to lift their game may wish to consider.
Hopefully, our discussion is helpful and enlightening. Regardless, I welcome questions and comments, either here or send me an email.
This is my second conversation with Mark (the third will be published in May). If you missed the first, you can access it here: Governance around the world.
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