More than 25 years ago, William Sahlman wrote the HBR article “Why Sane People Shouldn’t Serve on Public Boards,” in which he compared serving on a board to driving without a seatbelt, that it was just too risky—to their time, reputations, and finances—for too little reward.
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Serving on Boards Helps Executives Get Promoted
And increases their pay.
May 20, 2016
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SB Steven Boivie is an associate professor in the Mays Business School at Texas A&M University. His research has been published in the Academy of Management Journal, Strategic Management Journal, Organization Science, Academy of Management Annals, and Journal of Management. -
SG Scott D. Graffin is a Professor and Synovus Chair in Servant Leadership at the University of Georgia’s Terry College of Business and also an International Research Fellow at Oxford University’s Centre for Corporate Reputation. He earned his Ph.D. at the University of Wisconsin, Madison. His research interests include corporate governance, as well as the influence of reputation and status on organization outcomes. -
AO Abbie G. Oliver is a doctoral candidate in strategic management at the University of Georgia’s Terry College of Business. Her research interests include stakeholder management, social evaluations of firms, and corporate governance. She expects to complete her Ph.D. in 2018. Her research is forthcoming in the Academy of Management Journal. -
MW Michael C. Withers is an assistant professor of management in the Mays Business School at Texas A&M University. He received his Ph.D. in strategic management from the W. P. Carey School of Business at Arizona State University. His research interests include corporate governance, director selection and mobility, and the management of resource dependencies through the board of directors. His research has been published in several journals, including the Academy of Management Journal, Strategic Management Journal, Organization Science, Journal of Management, and Academy of Management Perspectives.
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Succession planning and Leadership development