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But the board has very little actual power. Power resides only where it is exercised, which means that it resides with management and specialists - the technostructure, in a word - rather than with the directors.

Now, that's not to say that electing half the board from the employees wouldn't help. It almost certainly would help, particularly because it would serve to break the tendency for upper management to insulate itself in a bubble world of yes-men that see no evil, hear no evil and speak of no evil. (Although one would have to be wary of the kind of outsourcing shell games that always seem to crop up when a prerogative is made conditional on employee status.)

But it's not a magic bullet.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon May 24th, 2010 at 03:38:35 PM EST
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