What vital linkage do executives establish within the organization concerning governance bodies and daily activity?
Answer
They are the crucial link between the board of directors, which focuses on oversight and shareholder interests, and the operational teams doing the day-to-day work.
Executives occupy a unique position bridging the strategic governance level and the functional execution level of the company. The Board of Directors is primarily concerned with oversight and protecting shareholder value. The operational teams handle the practical execution. The executive acts as the indispensable conduit, translating governance mandates into actionable operational direction and ensuring operational realities are communicated back up to the board effectively.
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