Today’s Wall Street Journal published an excerpt from the forthcoming book by former Chrysler and GM exec Bob Lutz. Lutz says that in the auto industry a knowledgeable autocrat is the successful model for a leader. In critiquing the bureaucracy for which GM has been famous for, Lutz says that the autocrat is the model …
Starting a Business/
Business Laws & Ethics
Will Beneficial Ownership Registers Become Global?
Will beneficial ownership registers spread around the World? Governments have become more and more focused on the risks posed by opaque and confidential corporate structures. In particular the ability of a certain type of person to use such structures to hide the true ownership and origin of funds, thereby facilitating tax evasion and money laundering. …
Here are some ideas I drafted for a debate on gender quotas. I would love to have your feedback: I consider myself to be a professional company director. I am chairman of an ASX listed company, sit on another listed board, am on the board of a company that is planning an IPO, and also …
Here are some thoughts I put together on the issue of board gender balance. I would love to have your feedback on these.
(See Part 1 of 2) Relationship Model Steven Block proposes a model that, instead of having a rigid, top-down structure of roles and hierarchy of the traditional policy model, provides for Board and staff members to work together with great priority on generating relationships and value from those relationships. The Executive Director and staff play …
When the Lead Independent Director role was first introduced it was viewed with suspicion. Now, in companies where the incumbent has performed well, it is viewed as an essential component of board success.
I wish I had a dollar for every article on the latest buzz-word that every board should worry about. Or fifty cents for every list of twenty questions board members should ask about the craze. I would hate to be on a board that was so easily sidetracked from their real concern; running the company so that it achieves what it was set up to achieve.
As demands for Board effectiveness and accountability continue to grow, research and discussions about how Boards might operate differently, continue to grow, as well. There are a variety of new ideas for Board models. Networked Governance David Renz suggests that the effectiveness of governance could be enhanced when we realize that governance can include organizations …
