The role of boards in today’s business environment is becoming increasingly important — it determines not only a company’s strategic direction, but also the quality of its governance, the transparency of its decisions, and the culture of accountability. An effective board can bring together diverse perspectives, ensure a balance between strategy and operational management, and create an environment where well-considered and sustainable decisions are made.
We discussed these topics in an interview with Andris Vanags, a board member of AS “SAKRET HOLDINGS”, VAS “Latvijas autoceļu uzturētājs”, and the Riga Technical University Council, who shared his insights on the differences between working in the private and public sectors, the role of the board in business development, and the evolution of management culture in Latvia.
