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Author:Lorsch, J. W.
Title:Empowering the board (Innerbetriebliche Zusammenarbeit; Board of Directors; Managementaufgaben; Aufgabenteilung)
Journal:Harvard Business Review
1995 : JAN/FEB, VOL. 73:1, p. 107-117
Index terms:
Freeterms:SPITZENFÜHRUNGSKRAFT, BETRIEBSKONTROLLE
Language:eng
Abstract:If the 1980's were the decade when the movement to empower factory and office workers took root, the 1990's are the decade when empowerment is sweeping corporate boardrooms. Bur, if CEO's resist the trend they and their companies will be the losers. The CEO must understand the power and responsibility of the board, and directors should recognize and respect the boundary between monitoring management and managing the company. Both parties should engage in a new form of teamwork and collaborate effectively to achieve corporate success.
SCIMA record nr: 134736
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