For his whole career John (no, that's not his real name) built an arsenal of achievements that did not end once he became a C-suite executive. His success was noted in a number of ways. He was highly respected, called on to speak at leading industry events, and his advice was sought after in private meetings. He had a strong sense of accomplishment and was happy with how his … [Read more...]
Does Your Board Have a Bell-Jar Ecosystem?
The progressive boardroom moves the needle away from operating in a vacuum with targeted board recruitment for the 21st century. While turbulence is not new, its nature and degree present an ever-increasing need for executive-level acumen to capitalize on opportunities and mitigate risks in the ever-more-sophisticated business environment. According to Spencer Stuart, … [Read more...]
Top 10 Board of Directors Reads – 1st Quarter 2015
To compile a “best reads” list for corporate directors and director candidates is a challenge that keeps me on the cutting edge. Feel free to just review the list, provide feedback on what you like, and challenge what you feel is not worthy of the list---maybe even make suggestions about what to read next! 1. Coping with a Still-Fragile Global Finance System An Interview … [Read more...]
What Makes an Effective Board of Directors?
In comparing governance practices at Fortune’s “most admired” and “least admired” companies for Harvard Business Review, Yale management professor Jeffrey Sonnenfeld found little difference in board performance due to percentage of independent directors, financial literacy of audit committee members, or amounts of stock-based compensation. Sonnenfeld suggests that what … [Read more...]
Top 7 Challenges for Public Company Director Candidates
Over the last few years, I have heard from a number of board candidates about their biggest challenges. I have dug through my notes to share these. My hope is that the definitions and tips will bring further insights that will leverage and prioritize your time and efforts to gain a board seat. 1. Time Boards move slowly. This makes keeping in touch essential for director … [Read more...]