It is commonplace to say that the Chief Executive is the one carrying a company.
I believe it is the Board of Directors.
The Board is the true governing body of the company, and it is the Board which holds the fiduciary duty to the shareholders.
For a CEO to establish a healthy working relationdhip with the Board - i.e. a "peer to peer" relationship - is very difficult. There is a built-in "parent-child" power dynamic potential.
It is a delicate balance for Board members to exercise both an advisory, mentorship role and a decision, executive role when need be.
The Board is an echo chamber of egos, fraught with second guessing, power plays, and multiple layers of non-verbalized objectives which, ultimately, will fester into mis-management of the company.
Shareholders SHOULD care about what is going on at the HEART of the company, i.e. its Board of Directors.
I create a confidential, safe space, for helping Board members, CEOs, and the lead shareholders to discuss, face, and address difficult times and diffcult decisions.
I do not advise on the business matters, but help ensure that the emotional static is expunged as much as possible, to ensure that the decision making process is done in transparency.