Questions I am thinking about!
- What is the reason that directors/ boards turn-off, become aspirated and get annoyed when the word "governance" is mentioned?
- Why are compliance and governance grouped together and interchangeable?
- When will directors individually, or a board, be required to delivery provenance for their decisions that are based on data?
- Why are board relationships with their executives, shareholders, employees, customers and regulators so antagonistic and confrontational?
- Is good governance about an agreement or a compromise? How much diversity creates better outcomes?
- As delegated authorities become automated, who is accountable and or responsible for outcomes?
- There is a real threat from legal and or regulatory action for failures in compliance, and this is a real concern for directors who have 100% liability. Therefore the outcome is surly do the minimum to avoid the pain and threat.
- Compliance equals pain and threat; as humans, we are designed to avoid both. We don't readily run into the arms of pain, and we try not to court threats. Therefore is doing better than the most bast level of compliance always going to be a problem?
- Finance is a board issue, yet we don't expect the board to know everything about all financial matters. What aspect(s) of resilience are board issues?
PhD | CoLeadership Automation | Giving all space to those who see, know and remember | Helping all people to most contributively position themselves in the forward moving whole around them |
4 年inside relationships explain a lot
President @ Democracy Social | Founder of GearFlo
4 年Take A 360 View. I find if one can look deep enough one may find the benefit or reason. Then they can look back and say “that’s why that happened”. GearFlo.com
Confidential expert advisor to boards and directors ★ Practical governance for better outcomes ★ Director and Board performance ★ Author ★ Speaker ★ Facilitator ★ Mentor
4 年Carolynn Chalmers - this post picks up many of the themes we have discussed over coffee and wine. Great questions; we could develop similarly great answers.
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4 年Bert Boerman Love to hear your views on these topics