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The Jacoby Consulting Group Blog

Welcome to the Jacoby Consulting Group blog.
You will immediately notice that this blog covers a wide range of themes - in fact, whatever takes my fancy or whatever I feel strongly about that is current or topical. Although themes may relate to business, corporate or organisational issues (i.e. the core talents of JCG), they also cover issues on which JCG also feels warranted to comment, such as social issues, my books, other peoples' books and so on. You need to know that comments are moderated - not to stifle disagreement - but rather to eliminate obnoxious or incendiary comments. If a reader wishes to pursue any specific theme in more detail, specifically in relation to corporate, business or organisational issues, or in relation to my books, then the reader is invited to send an off-line email with a request. A prompt response is promised. I hope you enjoy this blog - sometimes informed, sometimes amused and sometimes empassioned. Welcome and enjoy.
JJJ

14 April 2011


Role of the board

It is the role of the board to deliver its charter. If it is a for-profit corporation, then its role is to deliver to its shareholders/investors their definition (as interpreted by the board) of value, benefit, growth and risk.

To do that, it must manage its stakeholders to deliver those outcomes. The corporation does not exist for the stakeholders, per se, even though those non-shareholder stakeholders may have a serious interest in the organisation.

If the organisation is a NFP, then the board must ensure that the organisation delivers its charter objectives - no more, no less.

An organisation's Vision should not be its driving force. It's Mission, in definable and quantifiable terms should be its "purpose for existance". The Vision is "merely" the view the organisation has of itself sometime in the future while delivering its mission - and it changes as its context matures.

If you are focussed on the vision, then you seriously risk being captured by the enabler instead of the outcome required.

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