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Friday evening. Gridlock. A traffic officer stands in the middle of a chaotic Kisaasi-Kyanja junction, arms folded. Cars edge forward, boda bodas squeeze through gaps, a sino track blocks half the road. Everyone waits for someone else to move. No one wants to take responsibility. Horns blare. Time burns. Fuel burns. Opportunity burns.
That is a passive board. In many local companies, the board meets quarterly in a polished room while outside the economy moves like that junction. Currency swings. Regulators change disclosure rules. Technology rewrites business models.
Climate, AI, cyber, talent, black swans (read pandemics and global scale diseases) – the real definition of volatile, uncertain, complex, ambigous and pandemic times full of disruptions. Even the global advisory community has warned that boards must link strategy and disruption, or risk irrelevance. READ MORE |