Sunday, May 12, 2013

Insanity is doing the same thing over and over again and expecting different results.

If some traditional directors aren't doing their jobs (see today's NYT column by Gretchen Morgenson, here), then why is it that people who are likely to do a better job don't get chosen as directors of public companies?  It can't be that potentially good directors are that hard to find.  We aren't.  It must be that boards are afraid to try something new, even when the "old" doesn't work well for them. 

I'm looking for a board that is willing to take a chance on some new blood.  Takers?