Corporate Board Member magazines

Corporate Board Member Magazine NYSE Euronext

Board Committee Interactive
02JanFebCover

Cover Story

23 Time To Move Ahead

President Bush, New York’s Mayor Giuliani, and others have urged us all to return to normal. We hope these stories will help board members pick up the pieces, think differently, and learn new ways of doing things. All of which, come to think of it, isn’t so far from normal after all.

January/February 2002

Features

24
Back to Business, But Differently
As they struggle to help their companies regain normalcy, board members are facing a whole new set of problems, including cash flow. Here’s how to think about some of them.
Plus: Four Things to Do When the Going Gets Tough



28
Silicon Valley Discovers Nuts and Bolts
Hard times are forcing technology-company boards to focus on the bottom
line—and to recruit directors who have that know-how. But with rewards down and risks up, it’s tough to get good help.


34
Michael Dell On How the Board Can Help
“You can’t change directors every time you turn on CNN,” he says. “You want people in place with broad perspectives, who have been through a number of challenges and seen a number of things.”



38
10 Forcasts
SEC to defang Reg FD?; D&O in an unsafe world; What FASB wants; Nasdaq: Help for the curious—and the delinquent; Sister Nudge’s new target; and other expectations for the coming year.


46
Managing the New Risks
(or, Governing in the World According to GARP) Terrorism has put managing risk back where it belongs—in the boardroom. But risk management isn’t something directors, or CEOs, should try by themselves.
Plus: Will Your Insurance Company Survive?


50
How a Culture Clash Killed a Merger How a Culture Clash Killed a Merger
The union of Entergy and FPL Group seemed like a marriage made in heaven, but the more the bride and groom learned about each other, the more they fell out of love. And where were the directors in all this?


54
Home Depot's New Project: Fix That Website
A GE-alum-turned-entrepreneur has signed on with the home-improvement chain to persuade do-it-yourselfers to buy their supplies online. She’s betting that a deal with eBay will bring them in.
Plus: Did Toys “r” us make it, or Come a Cropper?


60
Directors' Comp: Cash Laughs Last
Bear markets ate up many fat compensation packages. So now cash is a bigger piece of the pie.