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Odgers

Many boards meet governance requirements without meaningfully improving strategy, decision-making, or long-term value creation, leaving CEOs with oversight that looks adequate on paper but adds limited real value. The article argues that the problem is often structural: boards are assembled for individual expertise, then evaluated on process rather than on how well they operate as a team with a shared mandate. Stronger boards create more value when they are aligned around clear purpose, better decision-making norms, candid engagement, stakeholder judgment, and continuous learning. For CEOs, the opportunity is to move the board from passive compliance to active strategic partnership through clearer expectations, better development, and a stronger focus on collective performance.

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