Following the October reorganization, divisional managers now possess full authority for day-to-day operations. Nevertheless, the Board has spent years resolving short-term operational problems, neglecting its essential mandate for policy and planning. To correct this misalignment, we must redefine the Board's role, optimize its membership, and manage the transition to a new structure. ● Clarify the division of work between the Board and the Executive Committee. ● Restructure Board compositio...
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Following the October reorganization, divisional managers now possess full authority for day-to-day operations. Nevertheless, the Board has spent years resolving short-term operational problems, neglecting its essential mandate for policy and planning. To correct this misalignment, we must redefine the Board's role, optimize its membership, and manage the transition to a new structure.
● Clarify the division of work between the Board and the Executive Committee.
● Restructure Board composition, including size, outside director participation, and tenure principles.
● Select the most effective method to transition from the current arrangement to the desired structure.
