The key decisions and part of boards of directors are highlighted. Do the boards have the competencies and expertise to secure their organizations? There is surely a justifiable reason to think so. In rising competition, the analyst demands harder regulations on the boards and a major role for shareholders in the key strategic decision process, while some demands for highly qualified board directors. None of them could be the only option to resolve the issue. The key factor is to have a defined vision of the company’s underlying purpose, and positioning and measuring its strategic success. Likewise, it needed the boards to find the ways to enhance the company’s strategic value. In order to ensure the sustainability of capitalism and to develop the practices of corporate governance, these transitions would have to be made.
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