What Challenges Might Leaders Face During Governance Audits?
Leaders may encounter several challenges during governance audits:
1. Resistance to Change: Some stakeholders may resist changes recommended by the audit. 2. Resource Constraints: Conducting thorough audits can be resource-intensive in terms of time, money, and personnel. 3. Complexity: The complexity of governance structures can make audits challenging to execute comprehensively. 4. Communication Barriers: Effective communication between auditors and the board is crucial but can sometimes be lacking.