Tag: corporate boards
Management expert Andrew Kakabadse says Australian boards can be the world’s ‘guiding light’
Company boards were initially formed to police the organisation on behalf of its numerous shareholders who couldn’t directly oversee the business. However, in practice, boards have transformed into a bunch of part-timers meeting occasionally to oversee a company, rather than active monitors, especially of any wrongdoings. What can boards do to fix this tricky problem?