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A Board’s Duty On Succession

A board of directors has a fiduciary duty to shareholders to oversee a corporation’s short- and long-term business strategy. A crucial part of that responsibility is to have a succession plan in place for the company’s directors and its CEO. “Directors should not wait until a crisis prompts a CEO departure. A board should be discussing succession regularly, considering that the average director at a large-cap company will oversee two CEO transitions during his or her tenure” – Janice Ellig

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How Women Dispel Groupthink

Issues about the lack of women in senior corporate roles are discussed in the media and in forums regularly—yet busy executives hear but do not fully get it—that women at the top is a bottom line, strategic business imperative, not just a nice thing to do!

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