Myth 5 In any organisation, the real power lies with the board. Power has been defined as: “The… ability to influence the behaviour of others or the course of events” (Oxford Dictionary online). The terms power and influence are sometimes used interchangeably but influence is the means by which power is used. In an
The 7 Governance Myths – Part OneMyth 1 Challenging the executive means you should keep them on their toes and refrain from acknowledging their good work because they will get complacent. One of the key roles of a non-executive director is to ensure that they remain independent and that they are able to challenge and scrutinise the executive team effectively. This