Stakeholder groups are increasingly demanding that boards focus on value preservation in their decision-making.
In theory most rational board members intuitively understand that the delivery of sustainable enterprise value over the long-term requires a healthy focus on both value creation and value preservation. Prudence and common sense would therefore suggest that companies should consider these two business imperatives in decision-making throughout their enterprise, be it at strategic, tactical or operational levels.
In practice corporate boardrooms tend to explicitly address the value creation imperative at a strategic level through their vision, mission statement, and business strategy. The value preservation imperative however while perhaps so
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