As an example of how to make effective use of nonexecutive directors, Cox pointed to a situation
Question:
As an example of how to make effective use of nonexecutive directors, Cox pointed to a situation in which he yielded to the recommendation of such directors. However, because the nonexecutive directors are not involved in the day-to-day operations, it would be easy to dismiss their disagreements on the grounds that they do not understand what is going on. What would you suggest that a CEO do to keep an open mind toward such directors?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: