Ira Millstein's The Activist Director: Lessons from the Boardroom and the PDF

By Ira Millstein

ISBN-10: 0231181345

ISBN-13: 9780231181341

Some of the worst company meltdowns during the last sixty years might be traced to passive administrators who favorite operational shortcuts over caliber development options. pondering basically approximately placating institutional traders, selective stockholders, proxy advisors, and company administration, those inattentive and deferential board individuals have depended on temporary percentage fee raises to maintain their businesses long-term. pushed by means of a wish for prosperity, now not posterity, those activities can doom any company.

In The Activist Director, lawyer Ira M. Millstein appears again at fifty years of counseling businesses, nonprofits, and governments to actively govern their firms and constituencies. From the specter of financial ruin and the ConEd blackout of Seventies ny urban, to the meltdown of Drexel Burnham Lambert within the past due Eighties, to the turnaround of normal vehicles within the mid-1990s, Millstein takes readers into the boardrooms of numerous of the best catastrophes and luck tales of America’s best-known corporations.

His answer lies on the most sensible: a brand new breed of activist administrators who companion with administration and reject temporary outlooks, plan a destiny in accordance with development and innovation, and take accountability for company association, procedure, and potency. What questions should still we ask of capability board contributors and the way can we comprehend they’ll be lively? Millstein bargains pragmatic feedback for recruiting activist administrators to the boardroom to safe the way forward for the corporation.

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The Activist Director: Lessons from the Boardroom and the Future of the Corporation (Columbia Business School Publishing) by Ira Millstein


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