In the Margins

Should boards be more radical?

June 22, 2016

By Harvard Business Review

For an organization’s governance model and its business strategy to be in lock step, directors need to understand and meaningfully engage in setting the company’s strategic direction, according to Tom Monahan is CEO of CEB. This means the C-suite must be able to develop productive relationships with board members—even have the skills to coach directors on how to manage conversations with shareholders. Directors in turn need to monitor the company’s operational heartbeat closely so they can make informed decisions about when to play it safe and when to dare to deviate. Read the original story from Harvard Business Review.

 

 

Most Read

Top of the Agenda - Legal
PIMCO 36(b) case dismissed

The parties in a 2014 lawsuit accusing PIMCO of overcharging Total Return Fund shareholders while lavishly compensating CIO Bill Gross and CEO Mohamed El-Erian agreed this week ...