Remove CEO Remove Conflict of Interest Remove Ethics Remove Leadership
article thumbnail

Board Governance Excellence: The Pinnacle of Organizational Success

N2Growth Blog

Moreover, governance excellence is synonymous with nurturing a culture of transparency, trust, and ethical behavior. A proficient board is a guiding light, offering leadership and oversight to fuel the realization of organizational objectives. When these facets meld seamlessly, governance excellence catalyzes organizational success.

article thumbnail

Ten Essential Tips for Hiring Your Next CEO

Harvard Business Review

Is there a process in place for cultivating, identifying, and appointing not just this CEO, but the one after that? Berra was famous for his “Yogi-isms,” but this one contained an essential truth: inchoate strategies and ineffectual leadership generally go hand in hand. Will he or she collaborate with the board, or fight it?

CEO 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three Strategies for Long-Term Value

Harvard Business Review

This narrow focus on raising stock price by any means possible keeps companies from making long-term investments, protecting the interests of essential stakeholders like employees or customers, or taking much account of social welfare and ethical considerations in making business decisions. Shareholder eugenics." Compensation.

article thumbnail

The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

Thus, when Lay (CEO of Enron) was chairing a charity drive, Lay asked for 100% participation from the client’s firm, and the client reciprocated by edicting donations from his 200+ employees. This client was a prime example of a leading CEO who served his community, profession and firm well. The Auditing Firm Employed by Enron.

article thumbnail

When Transparency Backfires, and How to Prevent It

Harvard Business Review

A paper by Daylian Cain, George Loewenstein, and Don Moore, published in the Journal of Legal Studies, demonstrates that when salespeople disclose conflicts of interest, destructive behavior can emerge down the line. Consider, for example, research I and several collaborators published in Leadership Quarterly.

How To 8
article thumbnail

The “Maximize Profits” Trap in Decision Making

Harvard Business Review

Imagine, for example, that you’re a pharmaceutical CEO deciding whether to recall a new drug. What the law actually says is quite different: the legal duty of managers is to serve the interests of the shareholders and the corporation. With gray area problems, you have to look hard at the economics and look past the economics.

ROI 8
article thumbnail

At Olympus and Goldman Sachs, Two Very Different Whistleblowers

Harvard Business Review

The first whistleblower — using facts — is former Olympus CEO Michael Woodford , who uncovered a huge accounting fraud at the company. In 2011, Woodford was asked to lead the Japanese maker of optical equipment, first as president (in April) then as CEO (in September). He then went public.