Governance and assurance Nic Wood Governance and assurance Nic Wood

Why good boards love bad news early

Every board says it wants to hear bad news. Fewer behave in a way that makes it likely.

Bad news that arrives early is an asset. It keeps options open: there is still time to change supplier, add resource, re-plan, or tell customers before they hear it elsewhere. The same news six weeks later is a crisis, with fewer choices and a larger bill.

Read More