Episode 3 - Governance in the Grey - Board vs Management

In this episode, Lisa Coletta and Adam Coonan unpack one of governance’s oldest tensions — the line between Board oversight and management responsibility — and why it still quietly destabilises decision-making inside organisations every day.Most governance conversations stop at structure:  “Here is the line.”  “Here is the delegation.”  “Here is the approval authority.”But the real challenge is rarely the policy itself. It is how the line is actually experienced in practice.The hesitation.  The second-guessing.  The delayed escalation.  The Board drifting operationally because something no longer feels quite right.  And executive teams trying to “fix it first” before bringing matters forward.In this episode, Lisa and Adam explore how pressure changes judgement, how fear delays escalation, when Board curiosity becomes operational interference, and how ambiguity quietly distorts decision-making long before anything reaches the minutes.Because governance frameworks matter. But frameworks alone do not explain what really happens inside rooms under pressure.