Sunday, October 30, 2005

Boards fail to get the best out of directors


European boards of directors are taking too long to exploit the full potential of new non-executives, making it hard for them to act effectively, says a survey released today by Insead, the international business school.

The survey covered 163 independent appointees to the boards of Europe's top 500 companies. It draws attention to weaknesses in the boardroom just when boards are being encouraged to take on more non-executives, with the skill tochallenge management to avoid possible blow-outs such as Enron and Parmalat.

See full Article.