Many boards want their CEO to lead the strategic thinking process. It makes logical sense but it is often impractical. [...]
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It is commonly accepted that boards have four responsibilities. In no particular order, they are goal setting, self-management, monitoring activity, and creating policy. Goal setting is one of the more difficult for boards. They struggle with what kind of goals to set, how far into the future to look, and how realistic to make the goals. [...] |
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