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Archive for June, 2022

4 Board-Savvy CEOs Discuss Preparing CEO-Aspirants to Take the Helm

June 21, 2022 0 Comments

When CEO-aspirants take the helm of a transit authority, among the stiffest challenges they face is building a solid partnership with their new board.  There is wide agreement in the field of transit governance that the single most lethal threat to a newly minted CEO’s professional success and longevity in the C-Suite  is a shaky working relationship with the board that can’t withstand the normal stresses and strains at the top.  So our readers who are CEO-aspirants – along with CEOs who are interested in fine-tuning and strengthening the partnership with their board – will want to watch the video … Read the rest

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CEO-Aspirants Need to Understand How to Protect the CEO Line of Credit

June 7, 2022 0 Comments

Over the course of my 30-plus years of work with public transit boards and their CEOs, I’ve learned that executives aspiring to take the helm of a transit authority are often woefully ill-prepared to build the kind of partnership with their new board that is critical to their success and to their longevity at the top.  Dave Stackrow and I, in our book Building a Solid Board-CEO Partnership (Governance Edge 2019), discuss two major reasons for this often-professionally fatal shortcoming:  the absence of detailed, practical, experience-based courses on governance generally and board-CEO relationship building particularly in graduate schools of management; … Read the rest

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