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arohner on June 7, 2010 | parent | context | favorite | on: When Big Companies Are Dead But Don’t Know It

What are the fixes for this kind of failure scenario? (Bad CEO, and bad board)?

IMO, a previous employer was in this scenario. The CEO was not effective, and the board didn't replace him because of a combination of apathy and personal relationships.

Is it up to the shareholders to stir up the board?

danielharan on June 7, 2010 [–]

Either the shareholders revolt, or the company slowly loses customers and talent.

It seems it's been a long time coming :(

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