To direct or control in a detailed, often meddlesome manner. At the root of virtually all micromanagement is fear. Fear that if they don't do it, no one else will (or no one will do it as well). Fear that the organization will fail, will have horrible things happen to it. Fears about money, about bad press. When individuals behave badly it is usually because they feel their comfort or security is threatened in some way. When boards behave badly (and micromanagement is just one symptom of this), they are usually concerned about the health and safety of the organization. If you can keep in mind that boards micromanage because they care and therefore have fears and concerns, and NOT because they are power hungry control freaks, then you will be better equipped to get them to stop.
Instead of trusting his employees to do their job, Hugo micro-manages every detail - thus, ensuring the project takes longer to finish than necessary.