Inspiratiebronnen

Once you have correctly analysed your environment, not only for the business as a whole but for each of your functions, divisions, and geographic markets, and you have identified which strategic style should be used, corrected for your own biases, and taken steps to prime your company's culture so that the appropriate styles can succesfully be applied, you will need to monitor your environment and be prepared to adjust as conditions change over time. Clearly that's not easy task. But we believe that companies that continually match their strategic styles to their situation will enjoy a tremendous advantage over those that don't.

In this article the authors develop a model of board processes by integrating the literature on boards of directors with the literature on group dynamics and workgroup effectiveness. The resulting model illuminates the complexity of board dynamics and paves the way for future empirical research that expands and refines our understanding of what makes boards effective.

Netflix takes a radically different approach to information sharing with the goal of significantly and efficiently increasing transparency among the CEO, executive team, and board of directors. The Netflix approach incorporates two highly unique practices: (1) board members periodically attend (in an observing capacity only) monthly and quarterly senior management meetings, and (2) board communications are structured as approximately 30-page online memos in narrative form that not only include links to supporting analysis but also allow open access to all data and information on the company’s internal shared systems, including the ability to ask clarifying questions of the subject authors. This quarterly memo is written by and shared with the top 90 executives as well as the board.