TITLE:
The Role of Board Dynamics in Organizational Transformation: A Corporate Governance Perspective
AUTHORS:
Henry Dimingu, Idowu Mary Mogaji
KEYWORDS:
Corporate Governance, Board Dynamics, Organizational Transformation, Strategic Change, Diversity in Board Composition
JOURNAL NAME:
Open Journal of Business and Management,
Vol.12 No.2,
March
28,
2024
ABSTRACT: The paper illuminates the pivotal role of corporate
board dynamics in shaping organizational transformation within corporate
governance. Delving into the intricate interplay of board structures, diverse
member influences, and decision-making processes, the paper explores the
nuanced landscape of how boards can either facilitate or impede transformative
initiatives. It explores the composition of boards, considering the impact of
diversity on strategic decision-making and the overall effectiveness of these
structures in driving organizational change. By synthesizing existing
literature, the paper seeks to provide an understanding of the complex dynamics
within corporate boards during transformative phases. The insights derived from
this conceptual exploration aim to inform governance practices and contribute
to the strategic discourse surrounding organizational transformation, offering
valuable perspectives for scholars, practitioners, and policymakers navigating
the evolving landscape of corporate governance and strategic change.