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Strategy: More than a board game

How should management and board separate their roles, form strategies and implement them successfully.

FAILING to plan, as the adage goes, is planning to fail. That is why it is essential for a company to have a solid strategy for success.

Yet the 2013 McKinsey Global Survey on Governance revealed that a mere 34 per cent of 772 directors understood their companies' strategies. This may not

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