The reputation of business trust is below that of Congress, so the Business Roundtable decided what’s needed is a charm offensive. More than likely, it will backfire.
Corporate governance types are trying to restrain every aspect of a CEO’s vision and influence. This a problem when it comes to Elon Musk and Tesla.
Why should directors expect trouble when they are about to embark in a business transformation? Transformations go wrong because of the timing, the team, and in some cases, the strategy.
Board intrusion into management’s domain may make governance gurus delirious, but it isn’t so good for the shareholder.
Take a look at 20 of the best business books 2018 has to offer directors.
Just as the CBS board once ignored Les Moonves’ alleged misconduct, they now face a new distraction from the departed CEO.
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