Posts Tagged ‘board governance’

GE: “Bringing Good Things to Life” in the Board Room

by  

1 Comment | Share/Save

The Board of Directors is accountable to shareholders and is expected to keep shareholders’ interests in the forefront.  Michael Graham explores why certain boards are resistant when shareholders want to nominate their own directors via proxy access.  
Continue reading “GE: “Bringing Good Things to Life” in the Board Room” »

Filed under: PSX Articles



Trends in Board Governance

by  

No Comments | Share/Save


Continue reading “Trends in Board Governance” »

Filed under: PSX Articles



Resolve Not To Put Off These Resolutions

by  

No Comments | Share/Save

The need for meaningful New Year’s Resolutions is just around the corner.  No doubt as individuals we want to limit our bad habit and expand our good ones, perhaps we are thinking more philanthropically and want to improve the lives of others or “give back” to our communities. No question we all want to be more present and supportive of our friends and families. All of these would improve our individual health and happiness.

We think it is also time for each of us to consider resolutions that can improve the health and happiness (in the form of sustainability and success) of the organization where we work, whether you are a board member, a senior leader, a manager, or an employee.
Continue reading “Resolve Not To Put Off These Resolutions” »

Filed under: PSX Articles



Should Board Governance Change?

by  

No Comments | Share/Save

By Nancy May and Michael Graham

This article, which is an excerpt from a forthcoming book on board governance co-authored by Michael Dennis Graham of Grahall, LLC and Nancy May of BoardBench Companies, LLC is reprinted with permission from the November/December issue of PSX: The Exchange for People Strategy, an eMagazine that brings you cutting edge views and perspectives on all things related to people strategy

Our experience has taught us that a board can have a significant impact on an organization far beyond its governance decisions. So, if board members are selected and elected without considering what they bring in terms of knowledge, experience, and credibility, they could be doing more than just a disservice to the organization and its shareholders.
Continue reading “Should Board Governance Change?” »

Filed under: PSX Articles



Board Evaluations: Get it Right for Better Boards

by  

No Comments | Share/Save

board eval 1

According to a study by PWC, 94% of public companies regularly conduct an evaluation of their board. Since the NYSE requires all its listed companies to conduct some form of board evaluation (NASDAQ does not, but recommends it as good governance) this number is not a surprise. Unfortunately, both listing agencies are silent as to what an evaluation should be, what form it should take, or how it should be conducted. Small wonder therefore, that an “evaluation” can take almost any form, from an informal discussion about how the group is doing, to a full, detailed, peer-to-peer 360 degree assessment. For some directors, such a fully revealing look can be quite uncomfortable.


Continue reading “Board Evaluations: Get it Right for Better Boards” »

Filed under: PSX Articles



Should JP Morgan Split the CEO and Chairman’s Role? Now That’s a Tempest in a Teapot!

by  

1 Comment | Share/Save

All the discussions about JP Morgan and whether Jamie Dimon should remain as the CEO and Chairman, or if those role should be separated, miss the key and critical issue that this just one point out of perhaps 80 or more variables that determine whether a company is or will be properly governed by its board.

Here are just two of the many important issues to examine with regard to JP Morgan:

1) What is the board culture? Is it participative? Are directors encouraged to be actively engaged, or is it compliant?
2) Why is there no succession plan in place for the CEO position at JP Morgan? Whether the CEO is 50 or 70 years or age, whether they are star performers or just average, every company (and especially every publicly traded company) must have a succession plan.

So as this story plays out, and the shareholders’ vote is revealed today (which we are predicting will be in favor of continuing to combine the roles of CEO and Chairman), we too will examine these and other important consideration around board governance.

At Grahall we do not over simplifying an issue. We will provide you with tangible, empirical evidence based on expansive and thoughtful research and our deep experience working with companies of all sizes, in all industries and at all levels of maturity. To access our Board of Director’s Research Series click here.

For a preview of our thinking see Michael Dennis Graham’s book Board of Directors Governance & Rewards or call Michael at 917.453.4341

Filed under: Expert Perspective



Efforts to reform how bosses’ salaries are set are unlikely to work

by  

No Comments | Share/Save


Spring is in the air, bringing with it angry thoughts about executive pay. This year the economic downturn is adding extra emotion to the season’s familiar fury. Unions are, for example, outraged at the $21m paid in 2009 to Sam Palmisano, IBM’s boss, not least because his firm laid off 10,000 workers in America last year.

Link to full article

Filed under: Newsfeeds