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Board of directors1 min.
The biggest weakness of many board members?
A lack of operational insight: the greatest weakness of many boards of directors – and how to remedy it.
By Eliseo Auciello, Managing partner
Not enough operational involvement.
It is particularly during difficult times that it becomes apparent:
- Decisions take too long
- Risks are identified too late
- Key issues remain unaddressed
Why? Because theoretical experience alone is not enough.
Transformation requires:
- clear governance
- Independent perspectives
- Decisions with consistency
In owner-managed companies in particular, this is often precisely what is lacking: an additional, experienced voice with genuine hands-on experience.
A strong board of directors:
- asks the right questions
- provides an external perspective
- takes responsibility in critical situations
Not just strategic. But also effective.
In this articleOur experts
The people behind the experience.
