FastCompany RSS

What do directors and boards actually do?

A lot of CEOs have been fired in the last few years? How do we know if they're responsible? The law says that the company shall be managed under the direction of the board. Well, how does a board go about achieving that? Have you ever wondered?Or, if you're a director, investor, regulator, politician, or other person interested in corporate governance, perhaps you have questions or suggestions about how to improve corporate performance. And if you don't understand the whole subject, maybe you'd like something explained. When I was a researcher inside boards of many kinds and sizes, the question most frequently asked of me by directors was, "Do you know what I should be doing?" No question is too dumb to ask. No comment that isn't just, plain mean is OK. And maybe you have the cure for corporate America. Send in your suggestions!