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What happens when a CEO loses faith in the board?
If the CEO believes that the board is not assisting the company in achieving its goals:
- The CEO should inform the chair of the board.
- They should do it after speaking with other management so that they may give a comprehensive and well-thought-out compilation of input.
- The chair should accept the criticism and relay it to the board – if required, with the CEO.
- The board should conduct a self-evaluation and then report any concerns with the committee in charge of board functions, appointments, and succession.
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