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Throwing Out Insiders Won't Fix Corporate Boards

Harvard Business Review

The Wall Street Journal reported this week that chief financial officers are getting chucked off their companies' boards right and left as part of the push for more independent directors. Corporate governance is all about balancing diverse, sometimes conflicting priorities and interests. It has also been a disaster.

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The Problem with the CEO’s Job Title

Harvard Business Review

An effective CEO makes things happen principally through his executive colleagues, aptly called “Chiefs” too: the CFO, CCO, and COO. Of course, given that these team members are Chiefs as well, they also should not be doing too much, either. Few executives, of course, are good at all of these tasks.