Tonya Mitchem Grindon is a corporate finance shareholder at Baker Donelson. She is chair of the firm's business department and a member of its audit and finance committee. She is a former member of the firm's board of directors. In this article, she discusses the current state of board diversity and how critical it is for boards to improve on this metric.
Tracy Duberman is Founder & President, The Leadership Development Group (TLD Group), and Paul Erdahl is a senior consultant at TLD Group. The TLD Group helps boards of health care organizations position themselves for success through board retreats, board assessment, and selection, board succession planning, board team effectiveness, and more. In this article, they explore how talent management strategies can be used to build effective boards.
Erica L. Opitz and Diana Perez Gomez are attorneys with Chamberlain Hrdlicka, a law firm headquartered in Houston, providing expertise on a variety of matters relating to corporate governance; commercial contract, mergers and acquisitions: and privately held securities, among others. In this article, they discuss the key factors that the board should weigh when deciding whether to require their employees to receive the COVID-19 vaccine.
Leaders of companies are increasingly expected to ensure that their companies fulfill a purpose beyond profits. Many still have doubts, and privately believe the real purpose of the company is simply to make a profit. Here, Dr. Axel Kravatzky and Mark Stephens summarize twelve arguments why profit alone is not, cannot, and ought not be purpose of a company.
Stephanie Resnick, Chair of the Directors' & Officers' Liability & Corporate Governance Practice Group at Fox Rothschild LLP, and John Fuller, Partner in the firm's Directors' & Officers' Liability & Corporate Governance Practice Group, discuss the growing number of states that have either enacted or are considering enacting statutes requiring diversity on boards. They highlight the increase in litigation surrounding non-diverse boards, as well as the expectations for this trend going forward.
Rob Lewis currently serves as Executive Director of Youth Headquarters in Red Deer, Alberta, Canada. He has a diploma in theology from Vanguard College, Edmonton, Alberta, and is certified in Policy Governance proficiency. In this article, he investigates the challenges and benefits of the board's use of One Voice in communicating their direction concisely and effectively with their staff team.
Svetlana Kamyshanskaya is the founder of Primum Law Group, a boutique San Francisco law firm that assists international companies in starting-up U.S. operations. In this article, she explores the legal issues directors and officers need to be aware of as their organizations embrace data collection and deploy artificial intelligence, either directly or through third-party providers.
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