Internationally renowned board and Policy Governance specialist Caroline Oliver believes boards are very special in that they have a specific purpose, which is to serve those who put them there – i.e. the organisation’s ‘owners’.
She has written an article titled ‘Ownership and boards’ in which she clearly and succinctly sets out why ‘ownership’ matters; provides assistance to boards to help them identify their owners; differentiates between owners and other stakeholders; and provides insights into ‘making ownership count.’
According to Oliver, “……ownership is where board leadership starts and where it must come back to in terms of accountability. With a clear common definition of ownership your board will be able to lead together and with confidence. And, with your whole organisation’s future at stake – the work involved in identifying your ownership has to be worth it.”
Read the full article Ownership and boards here.