Peter Cox: "It's about respecting the past and not being frozen by it"
Peter Cox shares why directors shouldn't forget history, a need for new voices on boards, and the challenges of long term strategy.
Decision making
Effective decision-making is a cornerstone of good governance. For directors and boards, the ability to make informed, strategic decisions is critical for guiding an organisation toward its objectives and ensuring its long-term sustainability. Strong decision-making processes help identify risks, capitalise on opportunities, and align the organisation with its mission and values. In a governance context, decisions should be based on accurate information, diverse perspectives, and sound judgment. This ensures that the board acts in the best interests of the organisation and its stakeholders, establishing transparency, accountability, and trust.
