PART TWO
Best Board Practices
Managing for the New TSR and Long-Term Value Creation
When a company refocuses its attention on talent, strategy, and risk, the old way of doing business won’t work for the board any more than it will for managers. The board must have the right people to oversee the new TSR. It must have the right knowledge and the right organization to do its job well. And it must recommit to building its relationships with investors and other stakeholders. The board needs a new playbook, too.
Part two is that playbook. It will give your board members the capabilities and special skills they need to keep the company on track at a time of great change. It will help you structure committees so that the directors have the time to apply ...
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