Effective, engaged boards remain a necessary lever for company success

boardroom

Today's directors must be more engaged, shrewd, enterprising, more numerate and more technically competent than ever. FILE PHOTO | SHUTTERSTOCK

The last two decades are littered with examples of challenged and even disgraced corporations. Boeing, Enron, Kmart, and the Weinstein Company, to mention but a few.

There are Kenyan examples too. Each round of unflattering headlines about corporations and their leaders prompts a set of reasonable and justifiable questions and opprobrium: What exactly are the boards of directors doing or not doing?

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Note: The results are not exact but very close to the actual.