Moyo argues that today’s boards have three main tasks: shaping the company strategy, selecting leaders (in particular, the CEO), and safeguarding the company’s culture, ethics, and values. She provides valuable advice on how these central tasks can be executed effectively.
Despite massive changes in the business environment, bureaucracy has shown remarkable staying power. In this piece, we explore the nature of bureaucracy and whether and how emerging challenges will require leaders to reinvent their organizational models.
As change in the business environment accelerates, it requires the same of not only businesses but also their boards of directors.
We can define corporate statesmanship as the action of a company, and in particular of its CEO, to intervene in public affairs to foster collective action in support of the common good beyond the scope of his or her enlightened self-interest.
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