Category: Board Practice

The most common Board recruiting mistakes

by Marina Tarnopolskaya, Managing Partner, Kontakt InterSearch Russia

When Russian companies declare that they have a board of directors, it often turns out that it consists of the owner and hired top managers who have been working in the organization for a very long time. However, even the most excellent strategists are unlikely to bring something new to the business if they have been working with it for 15-20 years. The lack of independent directors on the board is the biggest mistake organizations make.

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