The carmaker’s board seems to think resisting change will be a win, but some negative consequences of opposing shareholders already are becoming evident.
Lionel Nowell, lead independent director at Bank of America and a member of the Ecolab and Textron boards, was named “Independent Director of the Year”
For humans to thrive in a world of increasing automation, we have to make the most of our distinctly human strengths—which means being deliberate about cultivating wisdom, empathy and creative problem-solving in our workplaces.
As boards delve more deeply into talent challenges than ever, we asked Mirian Graddick-Weir, Merck’s former CHRO and a current board member at Yum! Brands and Booking Holdings, for the inside track on oversight of human capital strategy. She shares some tips—and some hard-won wisdom.
Although these changes followed ongoing pressure from a dissident shareholder, they seem to be benefiting the company and shareholders.
Directors everywhere should expect investors and stakeholder groups to become more vocal on this issue over the next year.
