One person has carried out the roles of CEO and chairman since the incorporation of Value Pty (Ltd) 10 years ago. Recently, analysts have begun to criticise this policy explaining that since the CEO acts as his own boss because he has no chairman to report to, unchecked risk taking may result and although this can produce strong short-term results it can also end up harming a company. Required: Identify and explain three ways in which business operations would be improved by the separation of the roles of CEO and chairman.