point is that the board and the management are in the
same boat and because of this there should be a mutually
respectful partnership between the management and the
That vision thing
steersman responsible for ensuring a boat follows the
in corporate governance begins with the company’s
are set up to oversee the management on behalf of the
owners and they are collectively and legally responsible
onus will be on the companies to implement principles
of corporate governance in a manner that is practicable
should do for a political end without understanding the
The Learning Board
The Art of Steering Companies
11