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Cabinet Ministers defend hiking board fees for Crown bodies (www.rnz.co.nz)

submitted 5 days ago by BalpeenHammer@lemmy.nz to c/politics@lemmy.nz

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[–] TagMeInSkipIGotThis@lemmy.nz 1 points 3 days ago (1 children)

One thing about the claim that its needed to attract talent is that from what I can see as an outsider looking in, getting onto boards is all about networking and who you know. The "skills" you bring are usually post-factum justifications for their appointment. And alot of the time boil down to, well this person's been on a lot of boards before, so they must be good.

Also notice, people tend to fail upwards into board positions? They're former (often failed) CEOs etc.

[–] BalpeenHammer@lemmy.nz 1 points 3 days ago

exactly. It's all reacharounds and corruption.