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Rules of engagement: improving communication between the board and CEO.(legalbriefs)
Utah Business
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May 1, 2005|
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COPYRIGHT 2005 Olympus Publishing Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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SENIOR MANAGEMENT AND THE BOARD NEED CLEAR communication to work effectively with one another. Too often, however, these groups repeat that famous scene from Steve McQueen's movie, Cool Hand Luke: "What we have here is a failure to communicate."
This need for open and effective communication may go without saying. But a corporation faces challenges when it appoints the same person as CEO and chairman of the board. This is true even when the decision was made to attain a unified vision and voice at the top.
The following suggestions will foster productive ...
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