In the last 25 years, the boardroom activities have significantly transformed positively. Yet, it required to make some more turn around as the author argued, who experience in corporate governance matter was tapped for claims including the Tyco and Enron fiascos at the start of this century. The author presents some key issues that boards encountered in the last quarter century, after years of research and experience, and provides the approaches to tackle those issues. As many of these solutions might based on false premises and were not evaluated in-depth, thus the author informed about the unexpected outcomes of some of these solutions. At last, he presents four proposals for directors, CEO, shareholders, and other stakeholders on the most proficient method to address future governance challenges in the entire business. Simply, it required mutual consensus and open communication among all parties on the mission and objectives of the company.
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