Should executive have the power to make decisions before approval from the board of directors?

Executives should have the authority to make certain decisions without prior board approval to ensure agility and responsiveness in fast-paced business environments. However, the scope of this power should be clearly defined and limited to operational matters, while significant strategic decisions should still require board oversight to maintain accountability and align with the organization's long-term vision. Balancing autonomy with oversight is crucial to effective governance.