In Times Like These
A board’s obligation is to ensure that the enterprise they serve is being well managed—and as tempting as it may be, not to co-manage in crisis.
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A board’s obligation is to ensure that the enterprise they serve is being well managed—and as tempting as it may be, not to co-manage in crisis.
Too few directors can risk rubber-stamping and too many can spoil the soup. There is, however, a sweet spot that’s usually just right for small to mid-size companies.
I was retained by a company in crisis; in short order the lead investor assumed the role of chairman and appointed a new board composed
We all have examples of succession executed with precision; some of us have just as many where we were caught flatfooted with no plans to deal with the unexpected. Don’t leave it to luck.
Do stock incentives make for better directors? To Fred Engelfried, timing is everything. Here is how stocks can work for you or against you.
Composition of a board does not always guarantee effectiveness; what does are the personal attributes of the individual directors.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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