Date: 18 February 2016, Thursday
The Diversity Action Committee (DAC) partnered Professor Randel Carlock from INSEAD to hold a workshop that immersed participants in reviewing and discussing the roles and responsibilities of the board, the board chairman as well as the CEO in making decisions in the decision-making process. This was organized in response to massive positive feedback on the practice-oriented workshops held at DAC’s Conference for Women as Board Directors in September 2015.
The workshop included small group discussions on the case study, ‘The HP-Compaq Merger: A Battle for the Heart and Soul of a Company 08/2010/5064 (Part A)’, where each group represented the role of a board member, chairman or CEO, and analysed questions posed by Professor Carlock.
Each group had engaging and in-depth discussions on the role they were assigned (board member, chairman or CEO), exploring the exact role and responsibilities they would have had to undertake, what was done well and what could have been done better.
The session ended with each group sharing their assessment and Professor Carlock concluding by discussing the roles and responsibilities of a board and governance issues challenging a board of directors, chairman and CEO when there is a critical decision on the business’ future strategy.
Here’s what some of our participants said….
The workshop was a good opener in helping us understand Corporate Governance in a real life context and provided a pragmatic approach
The case study provides a great insight to what it takes to have an effective Board
His session today is very useful in bringing into sharp focus the roles of the various players and why it is so important to segregate the roles of the chair and CEO