Corporate culture is one of those terms that wanders in and out of vogue. At one time theorists and consultants thought studying it would answer all the critical questions. At other times, thought leaders scoffed at the notion of culture even playing a major role in an organization’s success.Read more
The age-old question lingers: Quis custodiet ipsos custodies? Who watches the watchers? In theory, shareholders, business owners, and CEOs scrutinize the actions of board directors, but the facts tell a different story. In spite of the New York Stock Exchange now requiring regular self-evaluations, many boards continue to function without them—or without doing them well.Read more
In parts of Indonesia Komodo Dragons make unwelcome and unannounced visits to villages that border their habitat. Even though the giant lizards and humans lived in harmony for generations, contention exists now. Environmentalists have imposed new policies in a region where people perceived a sacred duty in caring for the Komodo Dragons. The relationship betweenRead more
Few people can define “governance” in concrete terms, yet it remains one of those all-encompassing words that people use frequently. The dictionary defines governance as supremacy, domination, power, or authority. When used for corporations, it usually means general board oversight.Read more
There is no substitute for soliciting the opinions of the executive team, the people who will be most affected by change or its absence. However, often the answers to complicated questions don’t lie within those most affected. Frequently the CEO will need to look outside the organization for advice and wisdom. Sometimes this comes forRead more
