A very interesting and relevant comment!
What actions should the board of directors take.
- Set policy
- Supervise
- Replace the CEO
- Run the business
Or should the question be, “What should the board not do?”
The tension between sources of power is as old as the Garden of Eden. Someone needs to get fired as otherwise you won’t be able to keep it. Adam and Eve were given their leave. They were never voted back in.
The Captain