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The task of overseeing a board of directors is challenging, especially in the context of the digital revolution and pressure from activist investors. Each person is affected by how boards operate across various organizations, including not-for-profits and family businesses. It is essential to understand how to create a value-added board. Examples like Enron and Wells Fargo highlight the failures of corporate governance and raise questions about the effectiveness of directors. Governance is a crucial institution that often struggles, and hiring the CEO is one of the board's most critical responsibilities, which requires thorough consideration and diligence.