May 15
A board, as a governing body, has certain responsibilities defined by laws, industry rules and regulations, and general policy. Board members are assessed and held accountable via elections and regulatory oversight for their performance in relation to these responsibilities, which commonly include:(1) Read more
Which question is easier to answer: “Is the sky green?” or “What shade of blue is the sky?” Unless you suffer from some degree of colorblindness, the obvious response is that the first question is easier to answer. Why? Because it offers a simple yes/no response and there is clearly a right and a wrong answer. The second question leads to a response based on opinion, which means that any response could be considered correct. In these two questions about the color of the sky we define one of the great challenges to effective CEO performance evaluation, and a very simple solution. Read more
A press item on the GC site announcing a conference speaking appearance a few months ago continues to draw daily interest. A lot of daily interest. The session topic? “The Proper Method for Vendor Evaluation and Selection.” Given the level of interest, we thought we would turn the presentation material used at that conference into a blog post to better satisfy those looking for concrete information on selecting critical vendors. Read more
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