The discussion is a reality check, a heads-up and a rallying cry to fix it. Good read, and it is written by someone who obviously cares.
Excerpt: People who agree to be recruited as directors know that they are taking a reputational risk in joining a board. They are dependent on the competency, honesty and communication abilities of their fellow directors and of management. Doing the job well—and discharging the chartered responsibilities of the board—requires exemplary commercial and interpersonal skills. To effectively serve on committees and the board, to provide sound advice and counsel to management to contribute to the decision process as an informed and loyal director requires far more than knowing the rules and signing the forms. It requires a high degree of ethics, an intent scrutiny of the behaviors of the key agents in management and on the board and the courage to raise questions and issues when any doubt is present.
Read full article via Whatever Happened to Values-Based Corporate Governance? – Resources – NACD.
