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What happens when a CEO loses faith in the board?

by Dan Byrne

Management 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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Tags
Board Evaluation
CEO
Conflict

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