Are board packs too long?
The benefits to business of reducing lengthy board packs.
The recent phenomenon of exceedingly long board packs is not only a headache for board and committee members, but a sign that companies are increasingly dysfunctional as they try to cope with modern requirements of regulation, compliance, risk management, finance and strategy.
A company that regularly creates board packs of more than 1,000 pages is most likely:
- hindering effective corporate and individual risk management while undermining the collective responsibility of the board;
- lacking a clear division of responsibility around what, how and why information is provided to boards and committees;
- demonstrating a lack of appropriate support for the board; and
- creating barriers to diversity and inclusion.
This is an extract from the Business & Management Magazine, Issue 271, February 2019.
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Full article is available to Business and Management Faculty members and subscribers of Faculties Online.