John T. Montford and Joseph Daniel McCool, Authors, BOARD GAMES:  Straight Talk For New Directors And Good Governance

Board memberships are no longer a “safe harbor” for college fraternity brothers and high-powered friends a CEO or board chair may have met during his or her career.

Today’s boards and their directors now face unprecedented scrutiny related to their composition and succession practices, their focus on ever-increasing regulatory compliance requirements, and frankly, whether they really give a damn about shareholders.