The board of directors in a company is responsible for the success of the business just like a captain of a ship is responsible for its safe sail. The captain is responsible for charting the course of the ship, ensuring…
I recently conducted a board evaluation process for a mid-sized company in the financial services industry. I was asked by the board to lead the evaluation, and I worked closely with the Chairman, CEO, Secretary and other senior leaders for…
There are two governance structures – the US and UK models. In the United States, it is common to find the CEO serving as both CEO and Chairman of the Board. This practice could lead to a concentration of power…
Every organisation will have its top honcho move on at some time. Managing the transition at the top level is a sign of great leadership. The board must articulate a succession planning policy that provides for business impact analysis at…
Not all boards are the same. If you don’t conduct regular board evaluations, in fact, annual board evaluations, you risk having in place a window dressing board. To the outsiders, you have a board in place. Your board is inadequate…
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