Vanishing Act In The Corner Office
With tenure at the top growing ever shorter, preparing for unexpected succession has become a board imperative.
With tenure at the top growing ever shorter, preparing for unexpected succession has become a board imperative.
Given heightened investor scrutiny, every board needs to be asking whether they have the right brain trust to lead the company into the next decade.
Director accountability will be a major theme in 2020, and shareholders and regulators are set to use voting as an enforcement measure.
Alphabet’s board realized that it might be lacking in an area of knowledge essential to company growth, and quickly recruited a stellar candidate to fill that gap—a kind of self-evaluation critical for success.
There is no shortage of female candidates for board seats—if one is looking in the right places.
If companies don’t currently have a policy concerning the addition of a non-management employee to their board of directors, they may want to develop one—soon.
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