An organization’s board of directors carries the responsibility of corporate governance — that is, oversight on the leadership team to ensure that the interests of the organization’s stakeholders (investors, customers, employees and vendor partners) are represented in all business decisions. The recent failure of several large institutions (AIG, Lehman Brothers, Bear Stearns, General Motors, Washington Mutual, Wachovia, to name a few) have led to calls for greater scrutiny of who gets appointed to the board of directors and the degree to which they are held accountable for the organization’s activities.
Answer to relevant QuestionsDivide the class into two or three teams. Each team should select a company whose product is being sold in a highly competitive marketplace. On the assumption that the product has not been selling well against its ...a. What evidence of groupthink at NASA is offered in this article? b. Why would managers be unwilling to listen to engineers? c. Explain the phrase “adherence to political pressure.” d. What lessons should NASA managers ...The less time that a manager devotes to staffing a team and preparing its members to complete the project to which they are assigned, the more time gets used up in the forming and storming phases of development. The ...a. CEO Jim Goodnight is adamant that remaining privately held rather than going public gives SAS a strategic advantage. In what way? b. SAS’s employee costs are obviously at the top end of the range for technology ...How is corporate culture originated and maintained?
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