Broadening Boards: How Directorships should adapt for challenging times

Not only do Boards have a hand in the long term success of organisations, they are often expected to be the guardians of management – providing guidance and strategic inputs. Yet, names like Olympus, Enron, MF Global, News Corp and Hewlett Packard have turned the value of directorships on its head....

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Bibliographic Details
Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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Online Access:https://ink.library.smu.edu.sg/ksmu/358
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1357&context=ksmu
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Institution: Singapore Management University
Language: English
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Summary:Not only do Boards have a hand in the long term success of organisations, they are often expected to be the guardians of management – providing guidance and strategic inputs. Yet, names like Olympus, Enron, MF Global, News Corp and Hewlett Packard have turned the value of directorships on its head. To what extent should stakeholders trust Boards to look out for their interests, and is can diversity at the top really guard against the dangers of group-think? These questions were discussed at a panel discussion organised by SMU’s Office of Executive Education.