MTI Strategic Reflections

Take a check on your Board Directors

The public entrusts the Government to collect taxes and invest them prudently to ensure quality of life. Similarly, the shareholders (minority ones in particular) entrust the Board of Directors to protect and grow their investments.

In reality, Board Members are selected and ‘survive’ due to one or more of the following reasons:

  • Compliance – because you have to!
  • Governance – because you truly believe in it
  • Technical – because you value the expertise they bring in
  • Political – because you are forced to!
  • Fix-it – because you never know when the skeletons will come out of the closet!
  • Ornamental – because they look good on your corporate profile!