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Directors may know how to read a company's financial statement, says Harvard's Mr Lorsch, but because they do not know the business, they may hesitate to discuss the equally important issue of strategy.
"China faces an elementary reality: the United States is steadily encroaching on China, and China's means for counterattack and room for maneuver under American pressure have shrunk," wrote Wang Weiguang, an international relations expert at Beijing University, in an essay in the current issue of Strategy and Management, a mainstream policy journal.
It's not an issue of strategy, marketing or qualifications.
This article was adapted from a recent online issue of Strategy & Innovation by Innosight, a consulting firm co-founded by Clayton Christensen and Mark Johnson specializing in innovation and disruptive strategy.
This article was excerpted from a recent online issue of Strategy & Innovation by Innosight, a consulting firm co-founded by Clayton Christensen and Mark Johnson specializing in innovation and disruptive strategy.
This article was adapted from a recent online issue of Strategy & Innovation by Innosight.
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We bring independent judgment and scrutiny on issues of strategy, performance, key appointments (such as the CEO) and accountability.
Lloyd George chafed under these restrictions, the more so because he disagreed with Robertson on issues of strategy.
Likewise, while crediting DePuy with helping to create the tactically proficient army that liberated Kuwait in 1991, Ricks criticizes him and his acolytes for neglecting counterinsurgency doctrine and broader issues of strategy.
First, the 'Best Annual Report' database measures issues of strategy disclosure only indirectly and therefore not systematically and comprehensively.
Rosenzweig, who earned his Ph.D. from Wharton and spent six years on the faculty at Harvard Business School, is now a professor at IMD Business School in Lausanne, Switzerland, where he works with companies on issues of strategy and organization.
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