Corporate Board articles from September 1997

Corporate Board archives from September 1997

The turnaround board. (corporate board's role in recovery strategy)
September 1, 1997... The ultimate role of the board of directors is to hire and fire the company's chief executive. But when the company is facing a crisis and management is changed, what then? What role does the board play in assuring a turnaround of the company's...

Why boards fail. (corporate boards)
September 1, 1997... It is acknowledged even by board's staunchest defenders that boards of directors too often fail to detect or resolve management problems. How and why do boards fail in this duty? The authors, noted Canadian academies and members of many boards,...

Corporate publicity: speak out!
September 1, 1997... In an era when public perception is crucial to corporate success, too many companies still ignore the value of speechmaking as a public relations tool. The right message, given by the right executive to the right audience, can be the keystone of...

Unlock company innovation with "spinouts."
September 1, 1997... What if your board was able to release the innovation and entrepreneurship within your company, while retaining the conventional benefits of growth? What if you could keep your core business focused, but also diversify into fresh areas? With...

Proposed: a governance "monitor." (corporate governance)
September 1, 1997... Our corporate governance system is based on the concept that shareholders elect directors, who in turn hire management. Yet many find this system tipped in favor of management. The CEO and inside directors can influence director nominations,...