Imagine that the president of your college or university has just announced plans to retire. Your team,

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Imagine that the president of your college or university has just announced plans to retire. Your team, playing the role of the school’s board of directors, must decide how to choose a new president to fill this vacancy next semester.

First, generate a list of the qualities and qualifications you think the school should seek in a new president. What back- ground and experience would prepare someone for this key position? What personal characteristics should the new president have? What questions would you ask to find out how each candidate measures up against the list of credentials you have prepared?

Now list all the stakeholders that your team, as directors, must consider before deciding on a replacement for the retiring president. Of these stakeholders, whose opinions do you think are most important? Whose are least important? Who will be directly and indirectly affected by the choice of a new president? Of these stakeholders, which should be represented as participants in the decision-making process?

Select a spokesperson to deliver a brief presentation to the class, summarizing your team’s ideas and the reasoning behind your suggestions. After all the teams have completed their presentations, discuss the differences and similarities among credentials proposed by all the teams for evaluating candidates for the presidency. Then compare the teams’ conclusions about stakeholders. Do all teams agree on which stakeholders should participate in the decision-making process? Lead a classroom discussion on a board’s responsibility to its stakeholders. Imagine that the president of your college or university has just announced plans to retire. Your team, playing the role of the school’s board of directors, must decide how to choose a new president to fill this vacancy next semester. 

First, generate a list of the qualities and qualifications you think the school should seek in a new president. What background and experience would prepare someone for this key position? What personal characteristics should the new president have? What questions would you ask to find out how each candidate measures up against the list of credentials you have prepared?

Now list all the stakeholders that your team, as directors, must consider before deciding on a replacement for the retiring president. Of these stakeholders, whose opinions do you think are most important? Whose are least important? Who will be directly and indirectly affected by the choice of a new president? Of these stakeholders, which should be represented as participants in the decision-making process?

Select a spokesperson to deliver a brief presentation to the class summarizing your team’s ideas and the reasoning behind your suggestions. After all the teams have completed their presentations, discuss the differences and similarities among credentials proposed by all the teams for evaluating candidates for the presidency. Then compare the teams’ conclusions about stakeholders. Do all teams agree on the stakeholders who should participate in the decision-making process? Lead a classroom discussion on a board’s responsibility to its stakeholders.

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Business In Action

ISBN: 9780134129952

8th Edition

Authors: Courtland Bovee

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