Directors & Boards articles from September 2006

Directors & Boards archives from September 2006

Enduring principles.(LETTER FROM THE CHAIRMAN)
September 22, 2006... FOR THREE DECADES the mission of DIRECTORS & BOARDS has stayed the same: to be the "thought leader" in the evolving field of corporate governance. We inform and motivate directors to perform with distinction their governance role. For the...

A bit of history, a lot of advice.(Editorial)
September 22, 2006... A CHALLENGE EVERY EDITOR FACES is what to do about anniversary issues. We want to make them special for the reader, for the advertiser, and, yes, for all the individuals--from the owner to the intern--whose lives are invested in producing a...

Directors & Boards celebrates 30 years: the journal was founded during a tumultuous period for corporate governance and three decades later is still documenting turbulent times in boardrooms. An illustrated history of milestones and touchstones along the way.(Cover story)
September 22, 2006... 1976 Directors & Boards is founded by business consultant and publishing entrepreneur Stanley Foster Reed to be the thought leadership journal in corporate governance. The U.S. business world is embroiled in a major governance crisis,...

That was then ... this is now: what progress has been made in corporate governance over the past three decades? To find out, we asked several Directors & Boards authors to revisit their classic articles.
September 22, 2006... Improvement, yes, but dangers lurk Ed. Note: Roderick M. Hills was chairman of the Securities and Exchange Commission when DIRECTORS & BOARDS was founded in 1976. He has been a leading advocate of effective corporate governance throughout...

Your tip sheet for being a successful director.
September 22, 2006... What does it take to succeed in the boardroom? These leaders have shared plenty of advice in the pages of DIRECTORS & BOARDS over the past 30 years. Read on for their wisdom of the ages. AUDITING THE NUMBERS YOUR EVALUATION TOOL: Good...

The best advice I ever gave a board: following on the choice counsel offered by past authors, a few just-surveyed directors and board advisers offer up their tried-and-true tips for success.
September 22, 2006... Run the company, not the stock THE BEST ADVICE I ever gave any board has never been accepted. I believe strongly that boards should prohibit CEOs and CFOs from giving "earnings guidance"--that is, making a projection of earnings for the...

Sayings of chairman milt: the publisher who led Directors & Boards into the activist and M & A-fueled decade of the 1980s always pointed leaders in the right direction.(Milton L. Rock- Hay Associates)
September 22, 2006... DR. MILTON L. ROCK, armed with psychology degrees from Temple University and the University of Rochester, joined Edward N. Hay & Associates in 1949. It was a one-office firm founded in 1943 in Philadelphia that was doing pioneer work in the...

Board chairmen I have known ... and what I have learned from them.(LEADERSHIP)(Personal account)
September 22, 2006... OVER THE YEARS, I have known many board chairmen of large and small companies, and have thought a good deal about the nature of both their business and personal lives. I have admired many of them for their management abilities, been impressed...

The management style of Ronald Reagan: there is much to learn from this unusually gifted chief executive. Here are my 10 lessons.(LEADERSHIP)
September 22, 2006... IT IS VERY COMMON to hear that government would run better if it were more businesslike. I think that is correct. Nevertheless, I will turn the tables on that proposition. I believe that business would benefit from learning some management...

The next 30: that was then ... now, what's ahead? A lineup of accomplished governance players gamely forecasts important challenges and opportunities that await boards in the years to come.
September 22, 2006... Investor reform: The next governance milestone AFTER HALF A DECADE of historic, almost dizzying, changes in corporate governance, companies and boards are understandably wondering what comes next. They have worked diligently to restore...

The evolution of corporate governance, continued ...
September 22, 2006... In 1997 DIRECTORS & BOARDS published a timeline of the evolution of corporate governance from the early years of the 20th century. For our 30th anniversary issue, we extend the timeline to 2006. What follows are key developments and iconic...

Directors to watch: emerging voices of board leadership.(Virginia Gambale - Azimuth Partners LLC)(Dina Dublon - Accenture)(Kerry Clark - Cardinal Health Inc. )
September 22, 2006... ANY ANNIVERSARY is a fresh chance to celebrate the past and survey the future. At DIRECTORS & BOARDS, we try to "look around corners" at the ongoing evolution of corporate governance. What new trends will keep directors awake at night? What...

The board as a team: it takes the right framework; Directors arrive alone and leave alone, yet somehow need to make a great deal happen when they are together. To elevate performance, teamwork is essential.(HEIDRICK & STRUGGLES GOVERNANCE LETTER)
September 22, 2006... BOARDS TODAY face a performance imperative that was hard to imagine even as recently as a few years ago. The increased scrutiny, the growing complexity of business and ethical issues faced, and the need to strike the right balance between...

Directors Roster: a quarterly record of new director appointments sponsored by Heidrick & Struggles.(A.P. Pharma Inc.-Arthur T. Taylor)(3M Co.- W. James Farrell)(Air Products and Chemicals Inc.- Evert Henkes)
September 22, 2006... THE DIRECTORS & BOARDS Directors Roster--a quarterly record of new director appointments--is compiled from public and private sources by the editorial staff of DIRECTORS & BOARDS, and is sponsored by Heidrick & Struggles. Please forward your...

Company index.(DIRECTORS ROSTER)
September 22, 2006... 3M Co. A.C. Moore Arts & Crafts Inc. A.P. Pharma Inc. ABX Air Inc. Air Products and Chemicals Inc. Alaska Communications Systems Group Inc. Alexander & Baldwin Inc. Allete Inc. American Medical Systems...

Director index.(DIRECTORS ROSTER)
September 22, 2006... Adolph, Gerald S., Cintas Corp. Arnof, Ian, Bank of the Ozarks Inc. Aron, Adam M., Starwood Hotels & Resorts Worldwide Inc. Arriola, Joe, Perry Ellis International Inc. Aspbury, Herbert F., Exide Technologies Babich Jr.,...

30 One-liners: wisdom of the ages ... in a nutshell.(ENDNOTE)(Quotation)
September 22, 2006... Efforts to strengthen corporate governance must start by recognizing a fundamental, albeit circular, reality: Namely, a board will be as effective as top management, and specifically the CEO, wants it to be, and top management will be as...