Based on the writer, we are in the midst of a tectonic-plate movement in the financial world that is shaking the 'actual' world fairly radically. The intention behind the article is not to review the causes or longevity of the 2008-2009 finance catastrophe, but to investigate the interest that in the world of freely- traded businesses, boards of director have yet again let society down.
New Challenges for Corporate Governance Case Study Solution
Complicating issue is the fact that, just as a re-balancing of the director job was taking shape post- expected reforms in the areas of risk management and compensation, Sarbanes Oxley will challenge manager effectiveness. While boards will never have the ability to forecast the future, the writer asserts they can become more effective instruments for helping management formulate plausible and actionable strategies if they do three simple things: take charge of their own plans, manage their time efficiently against three time horizons (past, current and future), and continuously evaluate their performance against best practices.
PUBLICATION DATE: September 01, 2009 PRODUCT #: ROT095-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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