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Risk management: Roadmap to 'maturity'
Issue: 2008 Fourth QuarterSpencer Stuart / DirectorS & Boar DS Director S r oSter fourth quarter 2008 15 A s globalization and regula- tion intensify, many compa- nies respond to these com- p l ex i t i e s by i m p l e m e n t i n g rigorous risk management processes.
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Beware 'credenzaware'
Issue: 2008 Fourth QuarterSpencer Stuart / DirectorS & Boar DS Director S r oSter 16 directors & boards C redenzaware is the term we somewhat humorously use to d e s c r i b e t h e u n re a l i ze d output of well-intended or- ganizational studies and project initia- tives that all to
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'Say on pay': What the market thinks
Issue: 2008 Fourth QuarterSpencer Stuart / DirectorS & Boar DS Director S r oSter 18 directors & boards B oth presidential candidates support what has been termed “say on pay.” In general, say on pay gives shareholders an advisor y vote on CEO compensation.
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On being a successful audit committee chair
Issue: 2008 Fourth QuarterSpencer Stuart / DirectorS & Boar DS Director S r oSter 20 directors & boards T he Sarbanes-Oxley Act of 2002 (SOX) transferred pow- ers from the management of a public company to its inde- pendent audit committee.
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Getting from a good to a great board
Issue: 2008 Fourth Quarter22 directors & boards I ’d love to put qualified women on our board,” as- serted the CEO of a major corporation.
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HBS focus: The reality of corporate boards
Issue: 2008 Fourth Quarter26 directors & boards Governance Leadership A s Harvard Business School (HBS) marks its centennial this year, it is an appropriate moment to reflect on the role its faculty has taken in shaping the functioning of corporate boards.
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A steady and steely eye on governance
Issue: 2008 Fourth Quarter28 directors & boards Governance Leadership reasonable income and keeping the company out of the bankruptcy courts.” Further, Mace, in this conclusion, also recognized in 1970 a key issue directors face today (almost 40 years later): “The problem of the modern dir
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Choosing a new CEO: This board got it right
Issue: 2008 Fourth Quarter30 directors & boards SucceSSion Planning B oard members know that CEO selec- tion can seem like a crap shoot.
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What should we pay board members for?
Issue: 2008 Fourth Quarter34 directors & boards Director compensation O ver the last decade, board ser- vice has changed dramatically, with much more time being spent on board and board committee mat- ters and significantly more real, or perceived, risk associated with board service.
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Dos and don'ts for managing a monitor
Issue: 2008 Fourth Quarter36 directors & boards RegulatoRy oveRsight T he duty of directors and manage- ment of any business is to protect the company and its shareholders’ interests.
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Get real with your real estate dealings
Issue: 2008 Fourth QuarterFourth quarter 2008 39 LiabiLity and Litigation E nron and its progeny caused a dra- matic shift in the regulatory paradigm for American business.
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For your more robust personal protection
Issue: 2008 Fourth Quarter42 directors & boards Director LiabiLity D irectors and officers of corpo- rations face the risk of personal li- ability for actions performed and decisions made on behalf of the corporation.
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What is a personal indemnification agreement?
Issue: 2008 Fourth Quarter44 directors & boards Director LiabiLity policies change over time, sometimes for the worse.
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'That's not the real story'
Issue: 2008 Fourth QuarterLeadership 46 directors & boards ‘That’s not the real story’ From How We Lead Matters: Reflections on a Life of Leader- ship by Marilyn Carson Nelson with Deborah Cundy. Copyright 2008 by Marilyn Carson Nelson.
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He was the CEO, so everyone laughed
Issue: 2008 Fourth QuarterLeadership 46 directors & boards ‘That’s not the real story’ From How We Lead Matters: Reflections on a Life of Leader- ship by Marilyn Carson Nelson with Deborah Cundy. Copyright 2008 by Marilyn Carson Nelson.
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How EMC's CEO quashed the 'pocket veto'
Issue: 2008 Fourth QuarterLeadership Fourth quarter 2008 47 new animal park in Florida. This park featured lots of live animals, and it quickly became the subject of a raging contro- versy that pitted the company against animal rights activists.
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GE's secret weapon
Issue: 2008 Fourth QuarterLeadership 48 directors & boards a spoken commitment — “Yes, I’ll go along with it” — effec- tively quashed the pocket veto. Bryn Zeckhauser is a senior fellow at Harvard University’s Mossavar- Rahmani Center for Business and Government.
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A moment that changed a career
Issue: 2008 Fourth QuarterLeadership 48 directors & boards a spoken commitment — “Yes, I’ll go along with it” — effec- tively quashed the pocket veto. Bryn Zeckhauser is a senior fellow at Harvard University’s Mossavar- Rahmani Center for Business and Government.
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Joining the board of a PE-backed company
Issue: 2008 Fourth Quarterfourth Quarter 2008 49 Heidrick & StruggleS governance letter F or independent directors, s e r v i c e o n t h e b o a r d o f a company backed by a private equity (PE) firm offers expo- sure to unique professional, and potentially financially rewarding, opportun
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Directors Roster
Issue: 2008 Fourth Quarter52 directors & boards Directors & BoarDs’ Directors roster SponSored by Directors Roster A quarterly record of new director appointments american i nternational Group inc.
Q2 2023 Audio
Title | Article Sound Track | Audio Sound Duration | ID |
---|---|---|---|
Lessons Learned from High-Profile Board Challenges | /sites/default/files/2023-03/BoardChallenges.mp3 | 8:31 | nid=34203=nid |
Think Like an Activist | /sites/default/files/2023-04/Activist.mp3 | 14:14 | nid=34285=nid |
The Evolution of Total Shareholder Return and Incentive Plans | /sites/default/files/2023-03/TSR.mp3 | 6:11 | nid=34241=nid |
Silicon Valley Bank Collapse: Lessons for Boards | /sites/default/files/2023-03/SVBCollapse.mp3 | 6:17 | nid=34255=nid |
The Inherent Conflict in Setting Director Pay | /sites/default/files/2023-04/DirectorPay.mp3 | 8:42 | nid=34263=nid |
Sitting CEOs Get the First Call | /sites/default/files/2023-04/SittingCEOs.mp3 | 4:03 | nid=34289=nid |
Activism Run Amok | /sites/default/files/2023-04/Activism.mp3 | 4:41 | nid=34288=nid |
Do Responsible Special Awards Have to Be an Oxymoron? | /sites/default/files/2023-04/SpecialAwards.mp3 | 6:05 | nid=34271=nid |
What Directors Are Thinking | /sites/default/files/2023-03/WDATZimmerman.mp3 | 5:43 | nid=34171=nid |
Chief Compliance Officers Are In the Crosshairs | /sites/default/files/2023-04/CCOs.mp3 | 5:21 | nid=34270=nid |
My Board Journey | /sites/default/files/2023-03/MyBoardJourneyLee.mp3 | 6:08 | nid=34176=nid |
Two Models of Leadership and Service | /sites/default/files/2023-04/Leadership.mp3 | 5:18 | nid=34272=nid |
Investors Are Becoming More Focused on Board Quality and the CEO Role | /sites/default/files/2023-04/Investors.mp3 | 2:05 | nid=34291=nid |
A Slow but Steady Increase in Gender Diversity on Boards | /sites/default/files/2023-04/GenderDiversity%20%281%29.mp3 | 1:20 | nid=34292=nid |
Culture Alignment: The Hidden Killer of M&A Success | /sites/default/files/2023-04/CultureAlignment.mp3 | 8:55 | nid=34287=nid |
Digital Transformation Payday | /sites/default/files/2023-04/DigitalTransformationPayday.mp3 | 5:14 | nid=34290=nid |
Embattled Companies Need the Right Directors | /sites/default/files/2023-03/GoingGetsRough.mp3 | 6:38 | nid=34167=nid |
Who Should Serve on the Board When Times Get Tough? | /sites/default/files/2023-04/ToughTimes.mp3 | 11:19 | nid=34286=nid |
“Never Let a Good Crisis Go to Waste” | /sites/default/files/2023-02/Crisis.mp3 | 07:08 | nid=34157=nid |