Sunday, May 08, 2005
How to nip boardroom bullies in the bud
Chairing the board traditionally requires strong leadership – but a board chair who bullies the top team into cowering submission can do more harm than good, and risks killing the business altogether, a consultancy has warned.
A study of 196 top UK directors on what makes a great Chair by Board performance experts, The Change Partnership, has found boardroom bullying to be endemic, with high-powered executives routinely complaining that chairs are arrogant, over-bearing and out-of-date.
The issue of boardroom bullying has been highlighted by high-profile American financier Warren Buffett, who last month issued a damning critique of the way many companies suffer from over-dominant chief executives.
See full Article.