When directors have military experience, boards are more decisive in addressing underperformance. Here’s why.
CEOs are seldom dismissed when the company they lead underperforms, in part because they wield considerable power over the board. So how can boards more effectively enforce CEO accountability in the face of poor performance? The authors recently analyzed boards of 865 U.S.-listed manufacturing firms between 2010 and 2020 and identified an often-overlooked source of accountability principles: the military.
When a company starts to struggle, all eyes turn to the CEO. Shareholders demand results, employees seek direction, and internal contenders begin analyzing vulnerabilities and positioning themselves for the top job. There’s a strong expectation for the CEO to resolve the problem or face removal. But not always in the boardroom, where directors are reluctant to make bold, decisive moves and instead engage in drawn-out debates that sidestep critical issues.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Research: How Boards Can Increase CEO AccountabilityWhen directors have military experience, boards are more decisive in addressing underperformance. Here’s why.
Read more »
Research: How Boards Can Increase CEO AccountabilityCEOs are seldom dismissed when the company they lead underperforms, in part because they wield considerable power over the board. So how can boards more effectively enforce CEO accountability in the face of poor performance? The authors recently analyzed boards of 865 U.S.
Read more »
OpenAI's Deep Research: An AI Superpower for Complex Web ResearchOpenAI has launched Deep Research, an AI tool capable of conducting multi-step internet research for complex tasks. It analyzes hundreds of online sources to create comprehensive reports, saving users hours of manual effort. Deep Research is designed for professionals in various fields and everyday users seeking in-depth research on specific products.
Read more »
OpenAI's ChatGPT Gets a Research Upgrade with Deep Research ToolOpenAI introduces Deep Research, a new AI agent within ChatGPT designed to help users conduct in-depth research by analyzing vast amounts of online information and generating comprehensive reports.
Read more »
OpenAI Unleashes Deep Research AI Agent: Revolutionizing Online ResearchOpenAI has introduced Deep Research, a groundbreaking AI agent designed to transform online research. This powerful tool delves into the web, analyzes vast amounts of data, and delivers comprehensive reports, surpassing the capabilities of existing ChatGPT models.
Read more »
Research Associate Position in ALS ResearchA Research Associate position is available at a UK-based research institute focused on understanding the mechanisms underlying Amyotrophic Lateral Sclerosis (ALS) using cutting-edge human CNS organoid models and patient samples.
Read more »