IIPM BEST B-SCHOOL
The board must deliberate on company direction and monitor it with trips alone – without the CEO – to ensure that what is heard in the boardroom matches what people in the field feel. The board must decide if the CEO is delivering results and in the right way. If so, the board must redouble its support and if not, it must make the tough choice for change.
At HP, it was different; the board operated like a rogue cell, both meddling and forming factions, thus undermining the company that it should’ve been bolstering. If there had been one boss in charge in the person of CEO & chairman, coupled with a good lead director, thins would have been different. And perhaps it is time for companies and the governance police – with their misguided point systems – to confront that reality.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative
For More IIPM Article, Visit Below....
To the Highlands of Heaven!
Back in action with all new plans
Ms. ‘Write’ Woman
It’sa far better ‘car’ drive together
Why IIPM’s Course is superior to other MBA/BBA Programme
GE Money takeovers Thai bank
Service with a SMILE!
Mr. 5-screen Wonder
Boisterous Breguet!
Rite Aid acquires to aid its drug stores
Chennai, gateway to India
The Flavour Of The Season
The board must deliberate on company direction and monitor it with trips alone – without the CEO – to ensure that what is heard in the boardroom matches what people in the field feel. The board must decide if the CEO is delivering results and in the right way. If so, the board must redouble its support and if not, it must make the tough choice for change.
At HP, it was different; the board operated like a rogue cell, both meddling and forming factions, thus undermining the company that it should’ve been bolstering. If there had been one boss in charge in the person of CEO & chairman, coupled with a good lead director, thins would have been different. And perhaps it is time for companies and the governance police – with their misguided point systems – to confront that reality.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative
For More IIPM Article, Visit Below....
To the Highlands of Heaven!
Back in action with all new plans
Ms. ‘Write’ Woman
It’sa far better ‘car’ drive together
Why IIPM’s Course is superior to other MBA/BBA Programme
GE Money takeovers Thai bank
Service with a SMILE!
Mr. 5-screen Wonder
Boisterous Breguet!
Rite Aid acquires to aid its drug stores
Chennai, gateway to India
The Flavour Of The Season
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