CHAPTER 26
Best Board Practices: The 14-Point Strategic Plan
An engaged board with a long-term focus that creates a sustainable, comprehensive process around capital allocation, shareholder engagement, business improvement, and management incentives is very likely to maximize shareholder value. This chapter will detail the eight key strategic actions and six required mindsets boards must implement and embrace in order to achieve a strong, repeatable process with regard to these crucial factors.
The Eight Strategic Actions
Strategy 1: Compare Returns of All Alternatives Before Deploying Capital
Every capital deployment decision should be subject to a comprehensive analysis of its expected returns over the intermediate term, followed by a comparison ...
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