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The Board’s Role in Moving the Company Forward
How can a board help the owners make hard decisions (such as closing a plant or parting ways with a longtime manager or family member)? What types of board discussions lead to strategic progress? What questions can independent directors ask to help the chairman or CEO?
Takeaways:
• Sample questions independent directors can ask a chairman to get at the tough issues
• Best practices for board discussions that get to the heart of an issue vs. talking around it
• Process for follow-up to ensure these tough issues are addressed between board meetings
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