'Surprise' governance.

Directors & BoardsVol. 16 Nbr. 3, March 1992

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Summary


Threats and opportunities for businesses - Chairman's Agenda: Governing for Shareholder Prosperity

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Extract


'Surprise' governance.

For perhaps a decade now, business has been talking about global marketing, global finance, global operations, global strategies, and even global managers in a changing world. I have no quarrel with the word "global." My argument is with the word "changing." We are in a world of surprise. As French poet Paul Valery said: "The trouble with our times is that the future is not what it used to be."

Faced with the unpredictability of almost every aspect of business in today's chaotic world, the average corporate leader migh...

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