
When the Boardroom Becomes a Toy Box
When the boardroom becomes a toy box, oversight turns into ornament — and the cost can be staggering.
In the wake of the Detroit Riverfront Conservancy’s $40 million embezzlement scandal, the real failure wasn’t just one individual — it was a breakdown in governance, accountability, and internal controls.
This post explores the warning signs every organization should watch for, the role of the board in safeguarding resources, and the structural changes that could prevent the next crisis before it starts.
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