Go to Chapter 11 on page 331 and read the article titled "Learning from Mistakes." In the article, we open the chapter with the example of Carlos Ghosn, the former CEO of Renault, Nissan, and Mitsubishi, who was toppled from his leadership position after being accused of personal financial misconduct. View this video for an up-to-dateview of his status.

Carlos Ghosn: The rise and fall of a superstar CEO | FT Film(Links to an external site.)

• What lessons can members of a board of directors take away from the Carlos Ghosn saga? What actions can boards take to limit the chance they will face a similar scandal?