Boards Must Balance Overreach With Opting Out
A strong X/Twitter board might have provided balance and helped fortify Yaccarino’s voice in challenging impulsive, brand-destroying moves.
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A strong X/Twitter board might have provided balance and helped fortify Yaccarino’s voice in challenging impulsive, brand-destroying moves.
Consummate corporate influencer Jeffrey Sonnenfeld has been mobilizing the private sector around critical issues for more than four decades. But it was the Yale professor’s efforts to lead the corporate pullout from Russia in the wake of their Ukraine invasion that led our selection committee to honor him with this year’s Greatest Impact on Corporate Boards award.
There is a sweet spot, however difficult to find, between analysis paralysis and “plunge-in bias.” Here’s how CEOs and boards can withstand uncertainty and make their way through complex challenges sustainably.
Hint: It may cost the company in the short term but will save you long term.
Cultivating a high-performance board that satisfies a spectrum of stakeholders while still offering up inviting returns isn’t easy—especially over the long haul. John Lundgren’s ability to deliver on both counts is a masterclass in how to do it right.
Post-pandemic efforts to get employees back to a shared workspace has been a struggle for companies of all sizes. Eight ways new tech can help.
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