Comments on: So, your board is dysfunctional. What to do? https://berkonomics.com/?p=3937&utm_source=rss&utm_medium=rss&utm_campaign=so-your-board-is-dysfunctional-what-to-do Dave Berkus' business insights Tue, 27 Aug 2019 21:22:44 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Arthur Lipper https://berkonomics.com/?p=3937&cpage=1#comment-131953 Tue, 27 Aug 2019 21:22:44 +0000 https://berkonomics.com/?p=3937#comment-131953 Boards are dysfunctional, in part due to the conflicts of interest and relationships with those nominating them. D&O insurance protects directors but
does not assure better decision-making in the interests of all of the shareholders.

]]> By: Ron Thompson https://berkonomics.com/?p=3937&cpage=1#comment-131949 Tue, 27 Aug 2019 18:30:16 +0000 https://berkonomics.com/?p=3937#comment-131949 Very good article on dysfunctional BODs and remedy options. Having been through this, one comes to appreciate how problematic it is and how difficult things can be to resolve – given the various personalities, agendas, feeling of self-importance, contrarian behavior, emotions, bias, naivety, etc.

The good thing about getting past these issues is it demonstrates company leadership has the resolve and vision to move forward – or not. This is a test of strength or weakness – which goes directly to reducing or increasing risk respectively.

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