This week, after more than a quarter of a decade at the helm, Amazon founder Jeff Bezos announced that he will step away from his role as chief executive later this year and transition to the role of executive chair. Since its founding in 1995, Bezos has overseen the company from an online bookseller toRead more
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A STELLAR BOARD STARTS WITH THE RIGHT PEOPLE WITH THE RIGHT MINDSET 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 aRead more
There are two kinds of organizations: those with a strong strategy and culture of change and those going out of business. In other words, what got you here won’t necessarily get you to the next level. The Pony Express did not become the railroad, and the railroad did not become the airlines. Vanguards in theirRead more
Mention the words “Jeremiah Weed” to a group of veteran Air Force fighter pilots, and they will assure you they have drunk the delightful kerosene-tasting, 100-proof, bourbon flavored liqueur. At the completion of a long week at the Fighter Weapons School, which is the Air Force equivalent to TOPGUN, or just for any reason atRead more
Board directors tend to underestimate the importance of corporate culture when they should see it as among their top governance imperatives. Culture is inextricably linked with strategy and risk, and it can be an organization’s biggest asset or its greatest liability. Yet, recent studies indicate that more than 80% of directors don’t have a firmRead more
