Why the CEO Shouldn’t Also Be the Board Chair
hbr.org
Saved by Danielle Vermeer
Why the CEO Shouldn’t Also Be the Board Chair
Saved by Danielle Vermeer
The second reason I think it’s a bad idea is because the CEO ultimately does not have that many jobs, but I think culture is among them. And it ought not be delegated. Briefly speaking, I think there are five top responsibilities of a CEO: being the steward of and final arbiter of the senior management; being the chief strategist; being the primary
... See moreOf course, board members aren’t running the company day-to-day. The CEO needs to gather their own data and reach an independent conclusion. Board members might overestimate early successes in a way that founders won’t. Or, Schlosser notes, when things are going badly, “the board may overshoot quickly and cut quickly or move people out quickly.” Ide
... See more