Making Governance Possible

Making Governance Possible

by Jonathan Day

Jonathan Day examines the growing inadequacy of traditional corporate governance frameworks in the face of today’s complex, globalized organizations. Drawing on insights from hundreds of board-level conversations, Day argues that structural reforms are needed across boards, management, investors, and regulators. He highlights the unrealistic expectations placed on directors, legal contradictions, and outdated governance models that fail to reflect real-world dynamics. The article advocates for dynamic board-management relationships, better director support, clearer accountability standards, and deeper director engagement. Reform will be slow, but with mounting governance failures, a critical opportunity for systemic change may emerge.