N2Growth Blog

OCTOBER 26, 2023

It’s the board’s prerogative to chart a strategic course, oversee the operational ambit, and instill a culture of accountability—morphing it into a cornerstone of organizational governance. It orchestrates the operational rhythm, supervises decision-making, and enforces accountability across the hierarchy.

Succession 410

Succession Ethics Diversity Objective 410

Ron Edmondson

MARCH 28, 2022

I have never seen a healthy board/organization relationship where board members got too much in the weeds of daily operations. This could be with the CEO or with someone in a less visible position. Unhealthy personal interests. Conflicts of interest are always a problem, and most boards have “rules” against them.

Conflict of Interest 55

Conflict of Interest Long-term Learning-by-Doing Edmondson 55

Strategy Driven

MARCH 11, 2011

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.

Strategic Planning 57

Strategic Planning Committee Golden Handcuff Media 57

Harvard Business Review

SEPTEMBER 19, 2016

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

ROI Long-term Conflict of Interest Pharmaceuticals 8

HR Digest

FEBRUARY 13, 2020

Everyone will naturally think that the person sleeping with the boss will have the inside scoop on promotions, pay and information, and that undermines trust in leadership, cautions Robert Chestnut, Airbnb’s Chief Ethics Officer. There are also multiple possibilities of potential conflicts of interest that can be hard to resolve.

Long-term 83

Long-term Policies Committee Human Resources 83