Over the past 18 months, I’ve written periodically in this Compliance Week column about how directors should direct. For the most part, those columns were written for directors and their advisors. But building effective relationships between management and directors is a two-way street. Smart corporate officers will assume the responsibility for assuring a relationship with their boards of directors that is productive, proactive, disciplined, personally rewarding, and neither adversarial nor unduly deferential.
