Dramatic headlines about board members being sued by shareholders tell only part of the story of the challenges boards face as they make decisions affecting the wealth of shareholders (and in many cases their own wealth) as well as the welfare of other company stakeholders.
Is it any wonder more and more organisations are turning to board management software to help address the problems?
Board papers for large organisations can run to hundreds and hundreds of pages across many documents. While modern word processing and laser printing has made it easier to produce documents, paradoxically it has encouraged a proliferation of written information which needs to be digested, annotated and referred back to in meetings.
The consequences of not being on top of all this information can be expensive for both the board members and the organisation they oversee.