Not surprising. Via tweet by Bob Jacobson.
http://www.feld.com/wp/archives/2009/08/the-best-board-meetings.html
Boards need to be forward looking. Surely this is obvious. The people who steer the fleet must look forward.
But it is so much easier to look backwards. The majority of the way business operates is looking backwards. Most board members were trained as administrators, or worked themselves not visionaries
And because uncertainty is scary. And visionaries could be wrong.