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Boards of Directors

6 Ways Boards Can Boost Their Quotient of Women Members

Gender diversity in the ranks of top corporate executives remains a cause du jour in American board rooms. But what about adding more females to the ranks of directors themselves? That could kill two birds with one stone.

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Boards Can Help Management ‘Steer the Future’ by Using Big Data

Directors should be conscious of and even proactive about big data on at least two levels, according to a consensus of experts: How corporate strategy is harnessing the capabilities of this powerful new tool, and specifically, how board members can use it to improve the board’s performance of its own fiduciary duties.

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Cultural Homogeneity Creates Risk for Boards

When organizations think about risk, perhaps the most worrisome are those that can’t be anticipated. Boards expend tremendous effort in eliminating or at least minimizing their blind spots; that search for better information and awareness can be all-consuming.

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Does Every Board Need an Activist?

There are many different types of activism today, and shareholder activists are not all the same—they have different time horizons and strategies. CEOs’ experiences with activism can vary significantly, so they often have different perspectives on this issue. Their views can run the gamut, with a variety of CEOs expressing both the pros and cons of having an activist on the board.

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Boards Demonstrate More Willingness to Pull in Reins on CEOs

As DuPont’s recent release of CEO Ellen Kullman shows, boards are more trigger-happy these days about dismissing CEOs for poor performance, and less willing to have agreed to golden parachutes to get them out the door.

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Boards: Choose a CEO for Long-Term Growth, Not Just a Turnaround

It seems a familiar story these days—a company on rocky ground for a few quarters suddenly finds itself rudderless as the chief executive is let go or departs for greener pastures. In the resulting vacuum, the pressure to make an immediate hire can be intense. But companies are well served to think carefully about whether they truly need a "corporate savior" who can devise and carry out a turnaround strategy in short order, or whether a long-term leader is better suited to lead the company back to market success.

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What You Need to Know Before Accepting a Position as a Nonprofit Board Member

You've been asked to serve on the board of a nonprofit organization. Should you accept? Membership on a nonprofit board is a rewarding experience for many CEOs whose skills and experience running a company make them especially valuable to the organizations they serve. CEOs should, however, conduct due diligence regarding the organization and understand the duties of board membership prior to accepting a board seat.

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Women on Board: Directors Must Move to Tap Advantages

By now the benefits of cultivating more female leadership are clear to most boards. But moving from recognition to action is a bigger step, and one that directors must be proactive about.

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