People on the board are shit at their jobs because most boards are full of people who don’t ever work at the company. They exterior consultants for the most part. Every business I have worked for, the board was a bunch of wealthy folks who showed up like 1-2x a year for the board meetings, but otherwise had zero idea what anyone did or who anyone was other than the C-suite.
Depending on the company. The ceo may be on the board which I don’t think should be allowed. Nobody at the company should be on the board since it’s to govern their behavior.
They should also be legally and criminally libel since they’re the governance.
Right now it’s a big circle jerk of friends getting their friends on the board and making each other ceo.
For private companies I don’t care but public companies need more accountability.
People on the board are shit at their jobs because most boards are full of people who don’t ever work at the company. They exterior consultants for the most part. Every business I have worked for, the board was a bunch of wealthy folks who showed up like 1-2x a year for the board meetings, but otherwise had zero idea what anyone did or who anyone was other than the C-suite.
Depending on the company. The ceo may be on the board which I don’t think should be allowed. Nobody at the company should be on the board since it’s to govern their behavior. They should also be legally and criminally libel since they’re the governance. Right now it’s a big circle jerk of friends getting their friends on the board and making each other ceo.
For private companies I don’t care but public companies need more accountability.