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Business Strategy

The board that actually governs

Most boards in India are advisory. The few that aren't are a quiet competitive advantage.

By CA Prateek Rawat · 5 March 2026 · 8 min read

Board meetings in most Indian private companies are a formality. Minutes are pre-drafted, resolutions are pre-agreed, and the conversation rarely turns to the things that matter.

The handful of boards that have broken out of this pattern share a few habits. They meet for a half day, not an hour. They read a substantial pack in advance. They allocate twenty minutes to the long-term, every meeting. And they end with a short, written list of decisions — not discussions.

These are not difficult habits. They are simply chosen. The companies that choose them compound at a different rate.

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