Reference no: EM132681067

One issue that makes board ineffective is a gap between current practice and effective governance. These gaps can manifest in various ways. One example is there can be a gap between the demands of an organization at a particular point in its lifecycle and the composition of its board, leadership structures, and governing approaches. This often is a result of an organization growing and maturing and the board remaining in a 'start-up' mode. Another example is a gap between mental maps (assumptions, beliefs, convictions, hypotheses that help us make sense of the organization we lead) of organizations and the governing modes board members use. Addressing these gaps will lead to the three modes of effective governance.

Question: How can a governing board, recognizing the gaps mentioned here, address problems associated with these gaps via principles of tri-modal governance as leadership?