Boards of Directors face teething challenges in today's difficult regulatory and economic environment. A panel of top-notch Directors takes on the subject with gusto at a roundtable discussion in Mumbai
Let us begin with a few interesting observations.
This one is from R. Gopalakrishnan, former executive director of Tata Sons, and director on many boards: "I have sat on boards (meetings) where the following statement is made:'You know, I can't discuss this with you because this is highly confidential, but...'. And 10 days later , there's something in the newspaper and you feel embarrassed. This is absolutely appalling."