Academic

"What does the board do?"

By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring

Tom Perkins asks, then answers:

You meet at 8:30am and planes have to be caught around 1pm. An audit committee meeting can take an hour and you've got all the other committees. And then it's almost time for lunch and you have a few minutes to talk about competition, strategy, growth rate, succession, the future, fundamentally important stuff. And it tends to get scrunched into a very limited amount of time. And if you don't even think it?s important, it doesn't get discussed.

As I tell my students in Business Organizations, all I need is one of those jobs. I'm not greedy.

Full post as published by Conglomerate on January 22, 2008 (boomark / email).