CHAPTER six
Building and Sustaining the Right Team
“It is really hard to find good directors.”
— BOARD CHAIRMAN
“It is really hard to get rid of poor performers on the board.”
— INDEPENDENT DIRECTOR
WWHILE BOARD STRUCTURE IS IMPORTANT AND IS the best place to begin thinking about board design, in our judgment the caliber and abilities of the directors is an even more critical determinant of a board’s effectiveness. Good people—and people who are suited to the job at hand—will perform well even if the structure is less than ideal, but the opposite is certainly not true. Even with a perfect structure, modest talent, or expertise that isn’t suited to the needs of the company, will limit a board’s effectiveness. In this chapter we examine how to ...
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