Strategy a Tough Climb? Hire a Sherpa
October 1, 2007 by Kevin P. Coyne
The disconnect is huge. On one hand setting strategy is one of the three most important responsibilities of boards of directors. On the other hand, the vast majority of boards have neither the time nor the processes to effectively review management’s strategy, much less take a proactive role in setting it. To bridge the gap, boards could use a Sherpa, or guide.
October 1, 2007 by Kevin P. Coyne
The disconnect is huge. On one hand setting strategy is one of the three most important responsibilities of boards of directors. On the other hand, the vast majority of boards have neither the time nor the processes to effectively review management’s strategy, much less take a proactive role in setting it. To bridge the gap, boards could use a Sherpa, or guide.