Why Boards Need to Keep an Eye on Value Creation
Patrick Walsh and Thomas J. Neff
April 2009
In today’s economic and governance climate, it is all too easy for boards to get distracted and focus undue energy on the “issues of the day,” such as executive compensation and risk elimination. In short, it’s easy for directors to lose sight of top corporate objectives in a downturn.
In an article published by Businessweek.com, Spencer Stuart consultants Patrick Walsh and Thomas J. Neff remind boards of where their priorities really lie. Board members serving well-capitalized companies have a unique opportunity in these times to work with the CEO to create significant competitive advantage by taking prudent risks.
Read the full article first published on Businessweek.com on April 14, 2009.