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BuzzFeed workers have already had some success in challenging management.
It was bad versus good, irrationality against reason, an employee challenging management.
Some investors are challenging management in proxy votes, a practice unheard of a few years ago.
If the non-executive directors were doing their job of challenging management and assessing risks, it was impossible to tell from written records.
These insiders would typically own a minority of shares, but enough to prevent dispersed outside shareholders, to whom little corporate information was disclosed, from challenging management.
Some call me a coach, implementer, facilitator, or advisor, but I prefer "disruptor". I make a great living by challenging management teams on their culture and how it is defined.
Similar(31)
To do this while its whole management structure is turned upside down has always been described as "extremely challenging" – management-speak for "impossible but we can't admit that to the boss".
At their best, independent directors bring wisdom, expertise, and a willingness to challenge management.
And companies are likely to put more emphasis on having directors who are not afraid to challenge management, if necessary.
"Suggesting that Double J might provide a suitable channel is demonstrably incorrect and we challenge management's judgment.
The board was also forced to act under intense time pressure and lacked the information needed to challenge management recommendations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com