In his second article in a series, Punit Renjen, chairman of the board of Deloitte LLP, discusses the leadership roles the chairman and board can play as strategists and risk and scenario planners to contribute to organizational excellence. One of the best lines (at the end) is about this quote from Gandhi:
”Gandhi once said: “A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history.” He could have been talking about a board’s ability to point an organization on a path of enduring good.
By acting as a small body of determined spirits, with an unquenchable faith in their mission, boards can better serve others. By playing their role as strategists and risk and scenario planners, boards can assist management in mapping a firm's ultimate destination.