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Governance Is Not Strategy But It Shapes Every Strategic Decision
One of the most persistent misunderstandings in the boardroom is the belief that governance and strategy are interchangeable. They are not. Executives transitioning into board roles often carry an implicit assumption: if strategy is the primary driver of company performance, then contributing at the board level means helping define or direct that strategy. That assumption creates tension. Because while boards are deeply involved in strategic outcomes, they do not own strategy
May 53 min read
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