The Role of Board Dynamics in Organizational Transformation: A Corporate Governance Perspective

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.