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Taking Stock – Hindsight Can Be Positive

Taking Stock – Hindsight Can Be Positive

“Hindsight is 20/20 vision.”   We often consider this a negative statement as we rue some decision we have made. As we head into the literal year 2020, let’s consider the statement in a positive light. Hindsight literally means “thinking about things after they’ve...
Jet Trails or Trail Blazers?

Jet Trails or Trail Blazers?

On a recent walk I was enjoying the clear azure blue sky when I noticed a jet trail streaking across it. The trail made a spectacular impact, but in a few minutes it had faded from view.   I was reminded about boards and board members I’ve...
Alice in Policy Wonderland

Alice in Policy Wonderland

Crafting well-designed policies is not easy.  Boards could, however, take some lessons from Lewis Carroll’s Alice’s Adventures in Wonderland.  The White Rabbit put on his spectacles: “where shall I begin, please your Majesty?” he asked. ...
The Value of a Robust System Regarding Risk

The Value of a Robust System Regarding Risk

A recent Governance Briefing from Davis Polk* details an interesting decision from the Delaware Supreme Court on the importance of boards exercising oversight of risk.  The case revolved around a listeria outbreak at an ice cream production facility, which...