In today’s briefing:
- Since It Is Unclear Whether Director Nomination Process Is Working, Voting Becomes More Important
Since It Is Unclear Whether Director Nomination Process Is Working, Voting Becomes More Important
- While it’s commendable that increasing numbers of companies are publishing skill matrices, there is not enough verification that the skill items are useful in expanding the value of the company.
- It is a prerequisite that the process of selecting skill items and the nominating committee that governs it are functioning and independent.
- Even if a governance framework and tools such as the skills matrix are introduced, whether they actually function depends largely on the quality of management.
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