Directors have been doing better in several ways, compared to a few years ago. They treat their role more seriously, they are working harder, and they appear to have more power to oversee management’s actions. At the same time, boards are spending a lot of time to comply with Sarbox and other governance... [read more...]

The popular cultural image of CEOs is one of practically all-powerful leaders of organizations – men and women able to make decisions faster than a speeding bullet, and able to leap tall orders with a single bound. Based on their work with CEOs, the authors report that the reality is quite different... [read more...]

In this interview drawing on his new book Back to the Drawing Board, co-written with Colin B. Carter, Jay Lorsch says that boards need to work smarter and with a design in mind. This means reviewing the roles the board serves, how the work is structured, the criteria for choosing board members, methods... [read more...]

In an opinion piece in the Financial Times, Harvard Business School professor Jay Lorsch argues for legislation to create an independent, self-regulatory organization to oversee accounting firms. Enron, he says, is not an isolated incident. [Source abstract.] [read more...]