The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks
Boards of directors represent an important, but understudied, resource for business development of High North SMEs. We studied board director perceptions of what constitutes the most important board tasks and which activities each major task actually involved. We followed a local board development p...
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The Arctic Centre, University of Lapland, Rovaniemi, Finland
2019
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ftntnutrondheimi:oai:ntnuopen.ntnu.no:11250/2607575 2023-05-15T17:43:26+02:00 The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks Fjellvær, Hilde Olsen, Trude Høgvold Solstad, Elsa 2019 http://hdl.handle.net/11250/2607575 eng eng The Arctic Centre, University of Lapland, Rovaniemi, Finland http://urn.fi/URN:NBN:fi-fe2019060618750 Barents Studies. 2019, 6 (1), 16-37. urn:issn:2324-0652 http://hdl.handle.net/11250/2607575 cristin:1708580 16-37 6 Barents Studies 1 Journal article Peer reviewed 2019 ftntnutrondheimi 2019-09-17T06:55:09Z Boards of directors represent an important, but understudied, resource for business development of High North SMEs. We studied board director perceptions of what constitutes the most important board tasks and which activities each major task actually involved. We followed a local board development project with participants from several industries and companies in Northern Norway over a two-year period, collecting data through observation, surveys, and documents. Tis study identifes two challenges of the contribution of board directors to business development: (1) board directors had only a vague understanding of strategy and service tasks, and (2) there was a mismatch between what SME boards need (strategy) and what board directors seemed to focus on (control). Tis implies that board directors in High North SMEs may have an unrealized potential for contributing to business development. Development of board competence seems vital to fulfl this potential. publishedVersion Open Access Article in Journal/Newspaper Northern Norway NTNU Open Archive (Norwegian University of Science and Technology) Norway |
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Open Polar |
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NTNU Open Archive (Norwegian University of Science and Technology) |
op_collection_id |
ftntnutrondheimi |
language |
English |
description |
Boards of directors represent an important, but understudied, resource for business development of High North SMEs. We studied board director perceptions of what constitutes the most important board tasks and which activities each major task actually involved. We followed a local board development project with participants from several industries and companies in Northern Norway over a two-year period, collecting data through observation, surveys, and documents. Tis study identifes two challenges of the contribution of board directors to business development: (1) board directors had only a vague understanding of strategy and service tasks, and (2) there was a mismatch between what SME boards need (strategy) and what board directors seemed to focus on (control). Tis implies that board directors in High North SMEs may have an unrealized potential for contributing to business development. Development of board competence seems vital to fulfl this potential. publishedVersion Open Access |
format |
Article in Journal/Newspaper |
author |
Fjellvær, Hilde Olsen, Trude Høgvold Solstad, Elsa |
spellingShingle |
Fjellvær, Hilde Olsen, Trude Høgvold Solstad, Elsa The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks |
author_facet |
Fjellvær, Hilde Olsen, Trude Høgvold Solstad, Elsa |
author_sort |
Fjellvær, Hilde |
title |
The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks |
title_short |
The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks |
title_full |
The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks |
title_fullStr |
The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks |
title_full_unstemmed |
The art of untangling: High North SME board directors' challenges in understanding strategy, control, and service tasks |
title_sort |
art of untangling: high north sme board directors' challenges in understanding strategy, control, and service tasks |
publisher |
The Arctic Centre, University of Lapland, Rovaniemi, Finland |
publishDate |
2019 |
url |
http://hdl.handle.net/11250/2607575 |
geographic |
Norway |
geographic_facet |
Norway |
genre |
Northern Norway |
genre_facet |
Northern Norway |
op_source |
16-37 6 Barents Studies 1 |
op_relation |
http://urn.fi/URN:NBN:fi-fe2019060618750 Barents Studies. 2019, 6 (1), 16-37. urn:issn:2324-0652 http://hdl.handle.net/11250/2607575 cristin:1708580 |
_version_ |
1766145503132647424 |