The Prof G Pod with Scott Galloway The State of Corporate Governance, Do I Prioritize Myself or My Team at Work? And How Men Can Find Their “Second Act”
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Oct 30, 2024 The conversation kicks off with a deep dive into corporate governance, emphasizing the need for younger voices on boards. A listener's dilemma about loyalty to his team versus personal well-being sparks a nuanced discussion on leadership. The focus then shifts to men seeking their 'second act,' tackling societal expectations tied to economic success. Scott also highlights the valuable skills veterans possess and the importance of networks in navigating career transitions. It's an engaging mix of personal growth, corporate dynamics, and mentorship.
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CEO Influence on Boards
- CEOs often manipulate boards, prioritizing their own interests over shareholders and stakeholders.
- Good CEOs empower other managers and listen actively, while bad CEOs dominate discussions.
Board Diversity and Expertise
- Ensure diverse viewpoints and expertise on corporate boards, including younger members.
- This diversity should reflect the company's stakeholders and cover key areas like accounting and operations.
Aging Corporate Boards
- Corporate boards are becoming older, hindering their ability to adapt to technological advancements.
- Younger perspectives are crucial for navigating the impact of cyber threats, AI, and climate change.
