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Discussion Question 1-2

Discussion Question 1-2

Q DISCUSSION QUESTION 1-2 MB601 Strategic Management Lesson 1: Strategic Management and Governance Discussion Question 2 (50 points) Describe at least six (6) recommendations that you would make to improve the effectiveness of today’s boards of directors. Explain your rationale for the recommendations by discussing how your recommendations would improve the performance of the boards and the companies they oversee. Then give your opinion as to which of these would be the most important recommendation and justify your opinion. (50 points) (A 2-page response is required.) Grading Rubric Please refer to the rubric below for the grading criteria for this assignment.

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The first recommendation for improving the effectiveness of today’s board of directors will be to ensure that accurate information is obtained by them. If there is inaccurate information obtained by the board of directors, there will be time wasted to analyze the information. The decisions made and strategies formulated will be in vain. There can be blaming of an employee unnecessarily with analysis of inaccurate information. Therefore, there must be checking of the obtained information for accuracy before every board meeting by the board of directors. There must be reliable sources utilized as much as possible by the board of directors. There must not be only one source used by them.