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Mastering Personal Development: Chip Wilson's Journey to Success

Business Lunch

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The Importance of Governance in a Public Company

I don't think you can move quick enough anymore. We've spent 10 years now we're kind of coddling our employees it's been the way to go I believe because China is moving so fast and they don't have the same governance structure that we have to do in a public company here. Their system is like we're gonna make it best for everybody and so all boats rise on rising waters. The judicial presidential and congressional way of operating in America worked really well up until 1980 It's not working anymore let's say a public company that is not being run by a CEO who is a futurist and is a visionary probably isn't gonna survive.

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