article thumbnail

A More Effective Board of Directors

Harvard Business Review

The continuum essentially represents a corporate hierarchy of needs, akin to the famous personal-development hierarchy created by psychologist Abraham Maslow. Poor strategic alignment also hampers a board's ability to prioritize issues and set their near-term agendas. Poor team dynamics fracture boards and lead to power struggles.

article thumbnail

People Are the Puck

Harvard Business Review

MBA finance majors learn early that trying to anticipate equity and commodity markets with such data is like trying to drive a car while only looking in the rear view mirror. In short, when you're relying on suspect data and looking backwards, your 'hit rate' is always going to be significantly diminished. So what do you do?