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Simple Radical Innovations for Boards of Directors Eager to Solve Grand Challenges

2023-07 , Davide Paliaga

Corporations’ contribution in solving grand challenges is quintessential. This study recognizes the fundamental role that boards of directors have in setting firms’ strategic direction. It focuses on three current divergences between the characteristics of grand challenges and most boards. While the innovations required to resolve such mismatches seem simple, the actual implementation is realistic only for board of directors eager to solve grand challenges.