The Barnes & Noble Boardroom Crisis
Four CEOs at Barnes & Noble in five years? That is more than a pattern. It indicates something at the board level isn’t working.
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Four CEOs at Barnes & Noble in five years? That is more than a pattern. It indicates something at the board level isn’t working.
Companies benefit long-term when they prioritize the professional development of their employee leaders, because it cultivates an organizational strength and sustainability that spans generations of leadership.
Studies have shown that while it remains a critically important Board function, leadership transition planning is often ignored.
Board members must do a better job of hiring for the C-suite, with a broader list of criteria and a longer-term horizon in mind.
If board directors don’t have enough to worry about today, there’s the prospect of sudden departure of leadership at the top level.
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