Building the Right Board for the Times

DirectorshipVol. 34 Nbr. 2, April 2008

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Summary


Financial services companies, for example, are currently seeking risk-management professionals for their boards, as they attempt to avoid the fallout from the subprime meltdown. Seeking an individual with a strong accounting and financial background to lead the board's audit committee, for example, is truly in the company's best interest.

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Extract


Building the Right Board for the Times

Assembling the perfect board requires that directors undertake a periodic look at whether their composition is indeed in balance.

The best boards are capable of respondin...

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