Professor Andrew Kakabadse
Steve Macaulay: There has been a lot of criticism of the power of boards; there is a lot of criticism that they are falling down on the job, that they are interfering in the whole future of economies. That somehow they are deficient, that they need to shape up, they need to change. To explore this issue, I have in the studio today Professor
Andrew Kakabadse: Now Andrew, you have worked with a lot of boards, you have seen a lot of these issues first hand – what do you see the situation is at the moment? Andrew Kakabadse The critical issue with boards is number one, do they really understand their organisation and what is its competitive advantage in how you position it? Secondly, how do you interpret and position governance in order to enable business, but maintain an ethical and moral position in the market place and community. And thirdly, remuneration: how do you pay your executives fairly, but in a way that will not damage the reputation of the organisation.
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