Payback time in the boardroom
Tim AmblerAdam Smith Institute
The 'valuable and practical advice' provided by Ruth Saunders (Market Leader,Quarter 3 2015) is spot on, or at least it completely chimes with my own experience of what passes for life in boardrooms. I say 'passes for' because board meetings are surprisingly routine. Each company has its own groove; its directors are comfortably ensconced therein and dislike having it changed. The Saunders approach allows for that but maybe it needs a postscript. All boards want to know the payback on any major investment and quite right too....