Corporate governance is one of the areas that can either accentuate the value of an organization or can sink it.

History is littered with organizations that had poor governance controls where the unsuspecting investors – and in some cases, investors that turned a blind eye – literally lost their shirts. The most recent examples being Wirecard, Nikola and even Alibaba.

The author clearly lays out examples and concrete steps that boards need to take. Often, the incentives of these boards and their old-boy networks can virtually guarantee that no one has an incentive to say that the emperor is indeed naked.

The fall of Theranos is a perfect example which was littered with the Who’s Who of the world politics on their board questions – Murdoch, Kissinger, James Mattis – but couldn’t ask even the most basic of questions.

I love that someone is finally talking about where change needs to be realized: boardrooms. Governance and ideally structures of banking system need to change and coming from a country (Kenya) where a mobile paying system,Mpesa, shook and continues to shake the banking system, reading this was not just a thrill, it was insightful.
I wonder though, the audience for this book, for if it's for the general reader or a lay person like me, it comes off as too academic and compact and as such enjoying it took a lot of my attention and focus.
It's a very detailed, and we'll researched book.
Thanks Netgalley for the eARC.