Board of Directors

Empty board room

Are boards of directors focused on strategy?

by Jamie Flinchbaugh on 07-11-17

Theoretically, each higher-level of management should be increasingly long-term focused. That certainly includes the role of the board, who with their role on shareholder value and governance, must ensure that the short-term doesn’t crowd out the long-term. CGMA summarized two surveys assessing boards and the barriers to strategic oversight. Their

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Does innovation belong in the scope of a board of directors?

by Jamie Flinchbaugh on 06-15-14

Boards of directors are usually associated with governance issues such as risk management and financial controls. They of course have a major role in strategic direction, either in establishing it, approving, or hiring the right executives who will establish the strategic vision. But does that extend all the way into

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Reflections on 5 years of board service

by Jamie Flinchbaugh on 12-10-13

  I’ve written about lean in the boardroom, and plan to write much more on the topic. I recently resigned my post at the Board of Directors of a privately-held company during its turnaround. Upon my planned departure, I wanted to share some of my reflections on this experience, as

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What’s the proper election rotation of board members, annual or classes?

by Jamie Flinchbaugh on 11-01-11

Bad boards have been in the news lately. The ongoing debacles at HP and Yahoo seem almost comical, to the point that you can literally imagine clowns running around in the board room. Of course, the easy thing for many people to assume is that they are just made up

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Setting Board Priorities

by Jamie Flinchbaugh on 07-06-10

  What should boards of directors be focused on? Strategy? People? Competition? There might be several choices that could receive votes that you could feel comfortable about. Would you feel comfortable knowing that the board’s top priority is keeping up with new regulation? That’s exactly what is at the top

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