CHAPTER SEVEN

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The Bored Board

HELP WANTED

Major multi-billion dollar corporation seeks professional member on board of directors. We have job enrichment plan to convert position from rubber-stamping to active policy-making. Requires 40–50 days per year intensive work. Salary high. Rare opportunity. Corporation presidents, attorneys need not apply.

The “help wanted” advertisement above is the kind of statement I would make to a prospective candidate for a board of directors. I would tell him I’m not just looking for new blood, but I’m going to redesign the whole body—because when boards were conceived several hundred years ago, nobody envisioned ...

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