2min snip

Enter the Boardroom with Nurole cover image

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

NOTE

Effective Interaction with the Board for Strategy Development

The ownership of strategy lies jointly with the management and the board. The CEO should facilitate a constant dialogue with the board throughout the strategy creation process, starting with identifying the problem the strategy aims to solve. A strategy should not be pursued for the sake of tradition; it should address gaps between desired and actual outcomes. Engaging the board from the outset ensures valuable input and avoids disappointments.

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