Bringing Complementary Skills and Experiences to the Board
A well-functioning board of directors needs diversity of experience and perspectives. If everybody thinks the same, then there is no need for a board; one individual would suffice! Diversity for its own sake, however, is not an improvement in overnance; what matters is the combination of complementary skills and experiences that members bring to the table to better address the challenges the company is likely to face.
Foreword
What caused the crisis? Many factors contributed, but poor governance certainly played a part—there is general agreement on that. So, what caused poor governance? People have spent countless hours considering this question, and the determination to improve governance has intensified since the crisis.
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