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The Top EconTalk Conversations of 2023 (with Russ Roberts)

EconTalk

Importance of Agenda and Nominations in Board Decision Making

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Choosing the agenda and nominations on a board is crucial as it can be as important as selecting the board chair. Learning from a podcast episode about Bukharan, who Stalin eventually killed, highlighted the importance of understanding the significance of agenda and nominations. Each person takes away different key insights from episodes, emphasizing the uniqueness of learning experiences. For example, one valuable lesson was that teaching individuals through lectures or presentations may not effectively educate them as they often ignore or forget the information. Instead, individuals tend to retain information better through experiential learning methods like reading and participating in seminars.

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