INAYET KADER: Proactive board governance is crucial for success
Boards must evolve from mere overseers to strategic partners
The recent spate of well-known company business rescues serves as a stark reminder of the critical role boards play in safeguarding corporate health. Economic uncertainty amplifies the need for proactive board governance.
The “Deloitte Restructuring Survey 2024 (https://www.deloitte.com/za/en/services/financial-advisory/research/restructuring-survey.html)" highlights weak governance as a primary cause of distress, emphasising the need for boards to anticipate risks and make informed decisions. By understanding subtle indicators of potential trouble, boards can steer their organisations towards sustainable success...
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