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Exploring trends in developing committees that meet the needs of the contemporary business. Issues to consider include, but are not limited to: executive compensation, increased focus on codes and regulations, independence, equality and diversity, value creation and CSR, risk governance, intellectual property protection, board member accountability, responsibility, and educational development.
Identify a company whose board has successfully adapted to incorporate many, if not all of these attributes. Open the discussion by explaining why businesses must evolve in these areas to survive. Then, introduce the successful company as your example. Then, elaborate on the initiatives of success, and close with limitations (or gaps) and recommendations to support the board's success.
aReference- McDonalds (Franchise)
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Explain an example of relying too heavily on a contingency plan
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