The View From The Boardroom
After years of playing defense, corporate directors are ready to roll. The McKinsey Quarterly’s survey of more than 1,000 directors, from 80 nations and a wide variety of industries, finds them eager to play an active role in setting strategy, assessing risks, and developing leaders. Yet though directors say that they want to focus on the long-term, strategic problems of the companies they serve, they … [ Read more ]
Content: Article | Authors: Pamela Keenan Fritz, Robert F. Felton | Source: McKinsey Quarterly | Subject: Corporate Governance
A New Era in Corporate Governance
Directors and investors are demanding reform. Companies had better prepare for it.
Content: Article | Author: Robert F. Felton | Source: McKinsey Quarterly | Subject: Corporate Governance
Change Across the Board
In response to the crisis of US corporate governance, directors are beginning to demand change. McKinsey surveyed 200 of them sitting on some 500 boards and found support for making these bodies more independent of management and for more awareness by directors of the challenges and risks facing their companies. The authors present a seven-part board governance reform program intended to make boards more independent … [ Read more ]
Content: Article | Authors: Mark Watson, Robert F. Felton | Source: McKinsey Quarterly | Subject: Corporate Governance