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Some companies expect that as much as half of sales directors' time should be devoted to coaching first-line managers.
At the same time, lawsuits are more frequent; the increased incidence of suits raises the risk to directors' time and reputations.
Mr. Purcell's response, according to a transcript from Morgan Stanley, was, "I am trying to be efficient" with the use of directors' time.
Cuomo to BofA Directors: Time to Talk.
This year's estimated raises are due mostly to increased demands on directors' time and a transition to share-based compensation instead of options.
A couple weeks ago, Joachim Kempin wrote a guest post for ReadWrite entitled: Microsoft's Board Of Directors: Time For A Change.
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We have seen effective directors, time-and-again, disarm and defuse potential shareholder activism by being knowledgeable and open minded.
And how many of us like to imagine ourselves as directors from time to time?
Moreover, new directors take time to adjust to the operating environment of the firm.
The helicopters can broadcast a signal instantly, giving news directors little time to exercise judgment.
He was a member of the board of directors of Time Inc. and later of Time Warner.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com