CHAPTER 9
Business Governance
A superior pilot is he who stays out of trouble by using his superior judgment to avoid situations, which might require the use of his superior skill.
—Paul BrickhillAustralian World War II fighter pilot, prisoner of war, and author; from Reach for the Sky: The Story of Douglas Bader, Legless Ace of the Battle of Briton
Business governance is conducted at the intersection between a CEO’s right to exercise ultimate authority to change the business system and his or her obligation to assume ultimate responsibility for the system’s success and failure. It is at this intersection where the CEO dilemma, a phenomenon discussed in Chapter 1, presents itself. In the career of any CEO, business governance is where the ...
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