News & Events
Our mission is to provide the most relevant news and events relating to corporate governance.
UPCOMING GOVERNANCE EVENTS
- The Board’s Role in Strategy – Lessons Learned from GE
Corporate Board Member, January 23, 2019,
- The Board’s Role in Strategy: Lessons Learned from GE
Berthelot, Lasensky, and Somers, January 14, 2019, University of California San Diego Rady School of Management, research paper presented at the Corporate Directors Forum, San Diego, January 2019.; https://drive.google.com/file/d/0B9XaqBQhZIxFLUw2c05iMXlrV0xiQ01aLS1CbXNMbm43LUxj/view
- Six Steps to Monitor Culture from the Board Level
Corporate Board Member, August 27, 2018,
- The Value of Corporate Stewardship at the Board Level
Berthelot, Cornwall and Grene, January 18, 2018, University of California San Diego Rady School of Management, research paper presented at the Corporate Directors Forum, San Diego, January 2018.
- The Case for Professional Directors
National Association of Corporate Directors’ Directors’ Monthly, June, 2005, p. 16-17.
- A Strategic Plan is NOT a Strategy
self-published, March 2005.
- SAS99 Can Provide Audit Committees Guidance in Considering Possible Fraud
National Association of Corporate Directors’ Directors’ Monthly, March 2004, p.8-9.
- Real Debate in the Boardroom
Across the Board, Sep/Oct 2004, p.11-12.
The Board’s Role in Strategy: Lessons Learned from GE
By Michael J. Berthelot, Natasha Lasensky, and Paul Somers
With 20/20 hindsight, it is not that difficult to analyze what went wrong with GE following the transfer of leadership from Jack Welch to Jeff Immelt. This article presents a summary of the authors’ research paper presented at the Corporate Directors Forum on January 14, 2019. The authors identified nine questions that the GE board of directors might have asked during Immelt’s tenure that may have reduced the $449 billion of shareholder value lost during his tenure.
Six Steps To Monitor Culture From The Board Level
By Michael J. Berthelot
Culture dictates a company’s level of integrity and directly impacts a company’s reputation, profitability, and shareholder value as shown by the recent upheavals at Wells Fargo, Uber, and The Weinstein Company, amongst others. Boards collectively and directors individually know that culture plays an integral role in how the company operates. It is incumbent upon them to monitor, evaluate and, when necessary, step in to implement change.