Corporate boards must guide the CEO’s professional development and performance. Doing so is at the heart of the board’s stewardship role and critical to strategy-setting and execution.
Companies have embraced diversity as a way to enhance dialogue, broaden thinking, better represent customer perspectives and drive innovation.
A scan of recent headlines is a reminder that CEO succession is not always a well-orchestrated victory lap for the departing CEO.
Companies that undergo an internal investigation must juggle multiple issues, including the possibility of conflicts of interest jeopardizing the investigation. Nissan Motor Co. is one company that has had to struggle with those issues.
It’s not your imagination: CEOs aren’t lasting that long. The recent news of scandal and bungled initial public offerings are only a handful of reasons why CEOs have lost their jobs.
Women are in every realm of government, law, academics and private enterprise — but they aren’t in every boardroom. California is trying to change that, becoming the first state in the nation to require female representation on public company boards.
Five years ago, Microsoft Corp. was in a tight spot. It was unable to take the smartphone market from Apple, the cloud sector from Amazon.com or search from Google, according to Nigel Vaz, digital transformation consultant and CEO of Publicis.Sapient. Microsoft seemed to be teetering right as Satya Nadella became CEO in 2014 and began transforming the company.
The modern age has entered a technological boom phase. But what could happen to technology companies if the U.S. or the world falls into a recession?
Everyone on your board knows who the weak link is. Maybe it’s someone who has a spotty attendance record. It could be the person that doesn’t read the board notes but shows up for the coffee and schmoozing. You know who he is (& likely it is a he because 76 % of U.S. board seats are held by men, according to Spencer Stuart). Yet, even when boards conduct an annual evaluation the weakest board member remains on the board of directors. Why?