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Is your board of directors too collegial?

One of our customers, the CEO of an energy company listed on the stock market of $ 2 billion, faced a serious challenge. New technologies reshape the market and competitors have taken front in winning customers. While the management team already reworked operations and technological priorities, many decisions required long -term investments and a desire to take calculated risks that only the Council could approve. However, the board of directors has remained largely passive, offering neither a clear strategic orientation nor the daring and prospective advice necessary to reposition the company.




