In times of crisis many boards will be forced to revisit the line between board and management. When survival is on the line, the board needs to have its hand on the wheel, and be much more closely involved in the operations of the business. This is not problematic, and is to be expected in an effective governance structure
There are a large number of reasons why a CEO might be frustrated with their board. To help you explore the potential causes, there’s eight questions to think about below
Automation records every decision made in its implementation. Compared to when a human makes a bad decision, when something goes wrong, the audit trail has a concrete path back to the board
Some boards allow management to spread attention too thin and focus on too many little things. The right approach is bigger bets in fewer places.
More collaboration between the board and management is not always a good thing – some guidelines for when you might have overstepped the mark