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Governance April 28, 2026 1 min read

When every department is right, the company still loses

CA Priyank Vaidya
CA Priyank Vaidya
Partner, DRP & Co. LLP

When every department is right, the company still loses.

In a recent boardroom, the script was painfully familiar:

Everyone defended their corner with conviction. Everyone had data. Everyone was right.

And yet the company missed its numbers. Again.

This is not a department problem. This is not even a people problem. This is a governance blind spot.

Senior teams are engaged. Directors are present in daily operations. MIS reports circulate on time. But somewhere between the noise of activity and the comfort of involvement, no one is asking the uncomfortable question: “Why does the same problem keep arriving every month, just wearing a different costume?”

A board is not a referee blowing the whistle after the goal is scored. At least one voice in the room must be willing to:

That is the quiet, often unpopular, but essential job of an Independent Director.

Not to fix every problem. Not to know every answer. But to ensure the right problem is named, early, clearly and honestly, even when the room would rather not hear it.

Because in well-run companies, problems don’t disappear. They just get caught upstream.

Boards, are you tracking activity, or are you tracking direction?

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Disclaimer: This article is prepared for general information purposes and should not be construed as professional advice. Views expressed are those of the author. Readers are advised to consult a qualified professional before acting on anything in this article. DRP & Co. LLP does not accept any liability for actions taken based on this article.