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17min chapter
62. Roger Martin - Board failure (1/2): why boards are worst when they need to be best, where they still add value, and the lost art of strategy
Enter the Boardroom with Nurole
Navigating Board-CEO Dynamics
Exploring the delicate balance of advice exchange between boards and management, emphasizing the challenge CEOs face in seeking and utilizing board guidance effectively. Real-world cases like Enron shed light on the varying roles boards can play and the potential consequences when CEOs resist valuable input. The chapter also dives into the essence of true strategy versus strategic plans and the importance of making integrative choices to foster sustainable capabilities and competitive advantage.
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