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Tag Archives: risk
Good to Great to Gone: The 60 Year Rise and Fall of Circuit City
Conference Board Review has an informative interview with Alan Wurtzel, former CEO of Circuit City, about the role of the Board, CEO, Strategy, those with dissenting opinions, and how the glacial demise of the company happened. I thought the most … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics, Examples, Prepare for the crisis
Tagged board leadership, board of directors, board oversight, board questions, CEO hiring, CEO succession, change, corporate board of director, corporate governance, crisis, crisis leadership, culture, dissenting opinions, Diversity in the boardroom, diversity of thought, ethics, independent directors, leadership, risk, Strategy, Talent, tone at the top
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We can create a crisis!!!
When we give a key employee a 2% raise and the CEO a 25% raise, aren’t we building in employee dissatisfaction and maybe even a culture of unfairness and haven’t we just CREATED a risk to the organization? While we’re … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board of directors, board oversight, board questions, CEO compensation, corporate board of director, Corporate Board of Directors, corporate director, corporate governance, crisis, crisis leadership, culture, employee hot lines, ethics, Executive Comp, independent directors, integrity, leadership, risk, Strategy, Talent, tone at the top
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Avatars & Corporate Strategy or Crisis
Working through strategies, including crisis planning, can use video games and Avatars to work through the roles of the key participants, the variations in decisions and results, and the experience of the key participants working together, even if they’re on … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics, Examples, Prepare for the crisis, Test the crisis plan
Tagged board leadership, board of directors, board oversight, board questions, corporate board of director, corporate governance, crisis, crisis leadership, Crisis planning, culture, ethics, innovation, risk, Strategy, tone at the top
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Companies in Crisis: Walmart & CRT
Two stories concerning federal investigations hit the news this week. The New York Times outlined in detail Walmart’s alleged actions after being notified by a former executive at Walmart’s largest foreign subsidiary, Wal-Mart de Mexico, of rampant and widespread bribery … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board of directors, board oversight, board questions, CEO selection, character, corporate board of director, Corporate Board of Directors, corporate governance, criminal defense lawyer, crisis, crisis leadership, culture, employee hot lines, ethics, fraud investigation, independent directors, integrity, leadership, risk, Strategy, Talent, tone at the top
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50% Americans single..from 22% in 1950
Changing demographics are the most important consideration in residential housing. The fastest growing sector are 18-34 year olds, 5 million of who live alone. 31 million people live alone, mostly clustered in metropolitan areas. In Manhatten 1/2 of all residences … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board of directors, board oversight, board questions, CEO selection, changing demographics, character, consumer product companies, consumer products, consumer trends, corporate board of director, corporate director, corporate governance, creativity, crisis leadership, culture, Demographics, ethics, Future, independent directors, innovation, leadership, risk, Single households, social media, Strategy, Talent, tone at the top
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“There’s no intention to waste money.Sometimes it just happens.”
Wyckoff Heights Medical Center in Brooklyn, NY has experienced interesting interpretations/actions of Duty of Loyalty and Duty of Care from the board. One member of the hospital’s board obtained for the pharmacy that he owned the exclusive right to market prescription … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board of directors, board oversight, board questions, CEO hiring, CEO integrity, CEO selection, CEO succession, character, corporate board of director, Corporate Board of Directors, corporate director, corporate governance, crisis, crisis leadership, culture, ethics, independent directors, integrity, leadership, risk, Strategy, Talent, tone at the top
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Term Limits or Age Limits in “Refreshing the board”???
NYSE Euronext Scott Cutler and Corporate Board Member TK Kerstetter discuss term limits, age limits, refreshing the board, creating turnover, and board evaluations. Excellent insights. As corporate board members we all need to remember that we need to always put … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board of directors, board oversight, board questions, character, corporate board of director, corporate governance, crisis leadership, culture, ethics, independent directors, innovation, integrity, leadership, risk, social media, Strategy, Talent, tone at the top
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Damage control ALERT for TicketNetwork!!!
“TicketNetwork CEO Don Vaccaro’s Monday morning arrest has cost the company as much as $8 million, as the South Windsor ticket re-sale firm announced Wednesday that is withdrawing from the state’s “First Five,” program. In a statement the company said “Due … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board oversight, board questions, CEO hiring, CEO selection, CEO succession, character, independent directors, integrity, investigation, leadership, risk, social media, Strategy, Talent, tone at the top
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To regulate or not to regulate???
Shouldn’t we, as business people, be applying sound business ethics to the way we do business and steering clear of the gray areas? Shouldn’t we have a bar that’s higher than the minimum required of us legally? As a small … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board of directors, board oversight, board questions, character, corporate board of director, Corporate Board of Directors, corporate governance, creativity, crisis, crisis leadership, culture, doing the right thing, employee hot lines, independent directors, integrity, leadership, PepsiCo, risk, Strategy, Talent, tone at the top
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Stunning Failure of Duty of Loyalty
I attended a board meeting last week that I wish every board member could have experienced. The President of the Board is a senior officer of the company responsible for managing the funds of the organization and there is a … Continue reading
Posted in Board Leadership, Crisis Management, Culture / Ethics
Tagged board leadership, board of directors, board oversight, board questions, character, corporate board of director, corporate governance, crisis, crisis leadership, culture, ethics, fraud investigation, independent directors, integrity, risk, Strategy, Talent, tone at the top
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