Enter the Boardroom with Nurole 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
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Mar 19, 2024 
Ranked #1 management thinker Roger Martin discusses the value and struggles of boards, their role in strategy development, and the importance of collaboration between the board and executive team in this thought-provoking podcast.
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Boards Are Often Ineffective
- Boards of publicly traded companies often add less value than expected and can be neutral or costly on average.
- Their effectiveness is limited since management may resist board involvement or advice when most needed.
Nonprofit Boards Foster Collaboration
- Nonprofit boards tend to be more effective due to less overlap between board members and management expertise.
- Different skill sets foster genuine collaboration and openness to advice in non-profits compared to business boards.
Managers Resist Board Advice
- Most managers do not want advice from the board because it can be intimidating and implies lack of competence.
- Boards struggle to give advice that management wants, leading to irritation and ineffective relationships.