Question: Now let me change our focus with the question, How involved should the Board of Director be in the strategy making process? Should they be
Now let me change our focus with the question, How involved should the Board of Director be in the strategy making process? Should they be overly involved ie too much involvement or not involved at all? Th e role of the Board of Directors could go from being passiveie rubberstamping to becoming so overly involved with minutia so they are a hindrance But how much is too much??? Look for examples. Also, if we focus on these elements of corporate governance for a moment:
What if there is an Interlocking Board of DirectorsMizruchi This entity refers to the practice of members of a corporate board of directors that serve on other corporate boards of directors for multiple corporations at the same time, eg a board member on McDonalds board interlocksor serves as board member of Burger Kings board. Could this be Whats wrong with this picture? Why? Why not?
What regulations exist that govern this area of corporate governance? Also, which board of the or more boards that heshe is onmeans more to that member? Or maybe, which board will benefit the member most?
What is the collective interest of the board members view towards success of the corporation? Isnt that superseded by each board members individualistic interest? Are both equally important? Could that be
Does culture matter? And, which culture matters: national or individualistic culture, or hisher organizational culture? Are both cultures the same? Googlearound a bit
Also, any thoughts on the following interesting post by a former student of mine: The problem of Chairman of the BoardCEO duality is no one is willing to challenge his her decisions on an everyday basisAnthony Annunziata, So what are the problems with the CEO being Chairman of the Board too? Are there any benefits? What do you think of Jamie Dimon, who is currently Chairman of the Board of Directors AND President & CEO of JP Morgan Chase? Talk about CEO duality!
Take a piece of this one and run with it
Remember to use Google to get examples!
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